(7 years, 2 months ago)
Commons ChamberThe right hon. Lady should wait until we have embarked upon the negotiations for our future relationship with European funding streams. We anticipate that we will continue to collaborate closely with our European partners, so that our scientists can develop institutions such as the one she mentions to the benefit of this country for years to come.
Scientifica is a Wealden-based science and technology business that won the 2016 British Chambers of Commerce awards for business of the year and export business of the year, and I joined Scientifica members at the London Stock Exchange to open the markets yesterday. Will my hon. Friend join me in congratulating Scientifica on championing and promoting the best of British science and research?
I am delighted to congratulate Scientifica. Companies such as that are doing brilliantly at exploiting the research that is undertaken in our science base to this country’s benefit and maximising the commercial opportunities arising from our significant public investment into R and D.
(7 years, 5 months ago)
Commons ChamberThe hon. Gentleman is right to point the finger squarely at the issue of late payment. It is a serious matter that we will continue to press forward on, but one must see it in the context of the thriving small business economy that I have outlined.
The proportion of women on FTSE 100 boards has increased from 12.5% in 2011 to 27%. Since 2011, the number of women on FTSE 350 boards has more than doubled to 23.5%. We support the business-led target of 33% of those on FTSE 350 boards being women by 2020.
I welcome the Minister’s response, but to get more women on boards we have to get more women into business in the first place. I championed and spoke at the Wayfinder Woman conference in Uckfield. The mission of the Sussex-based organisation is to get more women into business. What work do the Government do with such organisations to get women into enterprise so that they get the skills that they need to rise to the top?
I congratulate my hon. Friend on all the work she does to mentor women. More than 16,500 start-up loans have been issued to female entrepreneurs and almost half the users of the business support helpline are women. The Hampton-Alexander review is looking beyond boards at building female pipelines among senior management. We also support the Women’s Business Council.