(5 years, 4 months ago)
Commons ChamberI commend my right hon. Friend for her passion, and for her work as Chair of the Select Committee and her ten-minute rule Bill. As she will know, we recently conducted a consultation on maternity and pregnancy discrimination in the workplace, which finished at the beginning of April. We are currently reviewing more than 600 responses, and we hope to publish the results as soon as possible.
I thank the hon. Gentleman for highlighting that issue. I am proud to be a Minister sitting on the Front Bench among many other females: that just shows that women can do it. One of our priorities has been getting women on boards, and we are on track to reach our target of 33%, but it is crucial that we feed into the pipeline and get women into those executive positions. Hopefully, some of us in the House will be good models for them.
(5 years, 6 months ago)
Commons ChamberI thank my hon. Friend for that question. Through our industrial strategy, we recognise the valuable contribution from the creation of spin-outs and start-ups by businesses from university. That is why we have committed to increasing higher education innovation funding from £160 million to £250 million per year by 2020-21. This will help to increase universities’ capacity to engage in commercialisation and work with business.
Is the Minister aware that recent research from Sheffield University and King’s College London shows that young entrepreneurs face a very bleak future? In particular, the impact of leaving the EU on many of the very constituents who voted leave is a drop of between 17% and 20% in GDP. That is ruinous for so many of our industrial towns. What is she going to do about it?
The hon. Gentleman makes a valid point, but it is true that young people in the UK are twice as likely to be entrepreneurs as those in France and Germany. Our percentages for young entrepreneurs are significantly higher. We are committed to our industrial strategy. I have asked the Prince’s Trust to undertake the review so that we understand specifically what the barriers are for young people and come up with a package to be able to help them.
(5 years, 6 months ago)
Commons ChamberIs the Minister aware that an increasing number of women entrepreneurs are using digital blockchain tools to start and grow their businesses? Will she meet people who can introduce her to blockchain solutions, and will she say something to her colleagues in the Treasury and the Financial Conduct Authority to encourage such use?
I would be very happy to meet women who are using all manner of tools. I met eBay yesterday, and it talked about the work it is doing to encourage women to start their own businesses. It particularly talked about how it is working with retail businesses in Wolverhampton. I am always available to speak about anything that will encourage women in business—in fact, not just women but all people.
(5 years, 7 months ago)
Commons ChamberThe research programme into the workplace and gender equality will invest £1.1 million in academic research over two years. So far that programme has commissioned an evidence-based review of family-friendly policies and women’s progression, as well as considering how parents share caring for their children, and what motivates employers to improve their offer of shared parental leave. That programme will be based on evidence and advice from employers regarding how we can improve those family-friendly policies.