Gender Pay Gap

Our 2025/26 Gender Pay Gap data shows continued progress in hourly pay equality, alongside ongoing challenges linked to the structure of our workforce.

The median gender pay gap has reduced from 23.1% to 20.6%, meaning women earn 79p for every £1 earned by men, compared with 77p last year. The mean hourly pay gap has also reduced, from 25.7% to 22.8%. This reflects progress in pay progression and ensuring fair pay within comparable roles.

The overall pay gap continues to be influenced by the distribution of roles across the organisation. Women remain under‑represented in higher‑paid roles (20.6% of the top pay quarter) and over‑represented in lower‑paid roles (71.3% of the lowest pay quarter). This reflects the nature of our workforce, with a higher proportion of women employed in frontline and support roles.

Bonus pay figures should be interpreted with caution, as bonuses were paid to a very small proportion of employees during the reporting year (2.8% of women and 2.2% of men). As a result, the median bonus gap is significantly influenced by individual payments rather than broader reward practices.

While we are encouraged by improvements in hourly pay gaps, we recognise that sustained progress depends on increasing female representation in senior and higher‑paid roles. Our focus remains on long‑term actions, including inclusive recruitment practices, talent development, succession planning and progression opportunities.

Please see the full Gender Pay Gap Report for further information.

Katie Nicolaou, UKI & Group People Director