While certain aspects of banks' behaviour - subprime lending, governance structures, oversight mechanisms and so on - have been interrogated in the wake of the 2008-09 financial crisis, how banks treated and continue to treat women customers is a subject that has received little attention. The findings of this research, however, point to the need to shine a spotlight on banks' practices in this area.
If it is found that women are indeed being discriminated against in the UK - something the research within this paper would suggest is very likely - the government is obliged by law to act upon such knowledge by prosecuting the banks involved, ensuring remedies to the victims involved, and enacting legislation and policies that proactively address the causes of this form of discrimination in order to eliminate it for good.
This report focuses on discrimination in two specific respects - against women entrepreneurs seeking business loans and women home-buyers seeking mortgage loans - and identifies a new category of potentially unlawful behaviour, concerning discrimination against would-be mortgage-holders who are pregnant and/or on maternity leave.
Snakes and ladders: Tackling precarity in social security and employment supportAcross the country, people are trying to make ends meet, build financial security and pursue their aspirations. But, in a vicious cycle of snakes and ladders, many are being pulled down into poverty.
Making markets: The City's role in industrial strategyTo tackle climate change, we need a significant increase in public and private capital investment.
Broken hearted: A spotlight paper on cardiovascular diseaseProgress on cardiovascular disease was a significant driver of better health and prosperity in the latter half of the 20th century, however progress has recently stalled – with indications it may be in reverse.