City analyst wins highest ever sex discrimination payout

A
City analyst has won £1.4m in a sex discrimination case – the highest figure
ever awarded.

Julie
Bower won a sexual discrimination case against Schroder Securities last year.
The firm appealed, but today the company dropped its challenge – clearing the
way for the largest compensation award for a sex discrimination case in British
history.

It
was found that Bower, 35, was denied bonuses worth hundreds of thousands of
pounds because she was a woman.

Bower
was given a ‘lousy’ £25,000 annual bonus while two male colleagues received
£650,000 and £440,000.

She
left her £120,000-a-year job at Schroder Securities, claiming male managers
were trying to wreck her career.

The
case has prompted the Government to commission a report by its advisor on equal
pay, Denise Kingsmill.

By Quentin Reade

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