To celebrate International Women’s Day, studies have been released with mixed news for women and finance. Women and Debt, a report by the Debt Advisory Centre, found that 1 in 10 women has at least £10,000 of debt. On average, women now have £4,235 of unsecured credit, with the highest levels of debt among those under 45.
But what about kids? Another report has discovered that women who become mothers before 33 earn 15 per cent less than their childless peers. But women who have their first child at 33 or older enjoy a wage bonus of 12 per cent compared with similar women who have not had children. This research was carried out for the TUC by the Institute for Public Policy Research.
In a move that shows the effect of consumer power, Npower announced today that it was shedding 2,400 jobs in the UK.
Comments
Join the debate for just $5 for 3 months
Be part of the conversation with other Spectator readers by getting your first three months for $5.
UNLOCK ACCESS Just $5 for 3 monthsAlready a subscriber? Log in