Women: Economic Empowerment Debate

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Baroness Jenkin of Kennington

Main Page: Baroness Jenkin of Kennington (Conservative - Life peer)

Women: Economic Empowerment

Baroness Jenkin of Kennington Excerpts
Thursday 5th March 2015

(9 years, 2 months ago)

Lords Chamber
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Baroness Jenkin of Kennington Portrait Baroness Jenkin of Kennington (Con)
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My Lords, it is a great pleasure to follow the noble Lord, Lord Graham. All these issues we have been discussing today will change only if we get buy-in from men, because men are still in the driving seat in so many countries, so it is a very great pleasure to have his support. I thank the noble Baroness, Lady Jolly, for so ably introducing the debate, and I very much look forward to hearing the response of the noble Baroness, Lady Garden.

I had planned to talk about entrepreneurialism, although, interestingly, women entrepreneurs do not like to refer to themselves as such; according to recent polling, they prefer to be called “business founders”. Having reread the Women’s Business Council report and the Government’s response in preparing for this debate, I was encouraged by how much good stuff there was in it. I will share with the House a very short preview of research by the Centre for Entrepreneurs, which, together with the Legatum Institute, it will launch next month. It has been drawn from polling and interviews with focus groups, 500 entrepreneurs and C-suite executives. I hope noble Lords will forgive me if later on I move on to the topic of women in politics; I quite accept that that does not fit quite so neatly into this year’s topic as it has done in previous years.

On that research, the headline findings are that women are just as interested as men in growing their business. They take a different approach to risk—a more calculated approach. They perceive their growth trajectories to be steady and think of male entrepreneurs as more concerned with fast growth and quick sell. The research shows that they care more about their workforce, few are willing to risk staff for the sake of growth, and many focus strongly on corporate responsibility and their contribution to society and their local area. They spoke of turning to family and close networks for funding, and the exit stage is just not on their radar. Instead they talk about planning, managing and controlling growth. I do not think that any of that will surprise us, as it probably confirms our existing suspicions, but I for one look forward to reading much more when the report is published in April.

In previous years I have discussed the international aspects as co-chair of the Conservative Friends of International Development. However, as the noble Baroness, Lady Tonge, is unable to join us today and as an officer of the APPG on Population, Development and Reproductive Health, I must make the obvious point that, without access to modern family planning, no woman anywhere across the world can become economically empowered. Investing in women’s economic empowerment sets a direct path towards gender equality, poverty eradication and inclusive economic growth, and that puts our debate today in context.

However, as I say, I hope that this close to the election and with most of the seats selected, I will return to the subject which is so close to my heart—most noble Lords will know that women in Parliament is one of my things—and was at the heart of my own maiden speech, which I made in this same debate four years ago. An awful lot of us were making maiden speeches in that debate. I talked about my grandmother, who was the only Conservative woman MP in 1945, and her father—my great-grandfather—who was a Liberal MP and subsequently a Labour MP, who introduced the first Women’s Suffrage Bill in 1907, and how proud he must have been to see his daughter take her seat in 1937, and how astonished the two of them would be, having sat on the green Benches there, to see me here now.

I also talked about Women2Win, which is the organisation the Home Secretary and I set up nearly 10 years ago, and how after the last election we went from 17 to 49 MPs—which is not great, but a huge improvement. I am sorry that my noble friend Lady Bottomley is not in her place, but I think that when she was in the House of Commons the number of women MPs was considerably lower than 17.

Over the past four years, as Members of Parliament have announced that they are retiring, and those seats have been selected, I have been rather gently teased by Members opposite about how we are not making enough progress and how all-women shortlists is the only solution. I have lost my nerve on the journey and have thought that maybe that was the only solution. Indeed I caused some kerfuffle by saying that, if we go backwards at the next election, all options should be on the table. However, I am delighted to be able to say that I do not think we will go backwards. We have had a very good run, and I will update noble Lords on where we are.

I will take this opportunity to congratulate a number of people who have been involved in making that happen. We all know that going into politics is not an easy career choice or option, and women in particular need to be encouraged to come forward and need to be supported on their journey, from their first interview right through to the green Benches. That is what Women2Win is there for; I know that the Labour Party has a similar organisation, as do the Lib Dems. I therefore congratulate those who have been involved in making sure that the selections that have taken place have, to start with, had a balanced list; almost every interview selection panel has had at least as many women as men. We have voluntarily had 10 all-women finals—those constituencies have chosen to do that—and only four all-male finals. That is significant progress. We have ended up with 33%—one in three across the board—which includes the seats we are not likely to win, and of the retirement seats the figures are nine out of 27, or 12 out of 33 if you count the ones that might be in the margins of error. That excludes the ones that I hope we will gain next time. There was also a bit of a hoo-hah about a number of Conservative women retiring. In fact only three retired, out of 33 retirement seats, and they did the responsible thing, which was to retire early to provide an opportunity for their successors to get in place. Therefore, although the situation post-election is not clear, I am very pleased to be able to report significant progress. I have to say that two of those very good seats selected last week, and I might not have chosen this theme had they not done the right thing and chosen excellent women.

If I may stray a little further from the topic before noble Lords, I also welcome the number of BME candidates who will be joining the green Benches next time, which includes candidates for Fareham, Braintree, Richmond (Yorks), Havant, North East Hampshire, Wealden, and South Ribble—not natural Conservative BME territory. I congratulate those on the selection panel on having gone outside their comfort zone in selecting candidates who might not necessarily fit into those constituencies.

Part of what we have been working on is the next generation. That first step—that first seat—is a challenge, as any of us who have done it will know. I fought a Glasgow seat in 1987 and it put me off—I did not want to do it again. It is lonely, boring and difficult. We have also been raising money for the candidates the first time round. Only yesterday I was speaking at a fundraiser for a highly capable 25 year-old Indian girl who is fighting Dulwich and West Norwood this time; I would love it if she won, but I very much want her to be there in the next generation, and I am delighted that we at Women2Win—the Home Secretary was also there last night—are able to support them, encourage them to come forward, and keep them there.

I take this opportunity to congratulate CCHQ on achieving that considerable success without a row. My noble friend Lady Chisholm is a big part of that. I congratulate Conservative members on selecting outside their comfort zones, and most of all, I congratulate those candidates who are stepping up to the plate. People often say to me, “Why does it matter?”. It matters because women’s life experiences are different to men’s. They are not inferior or superior, but different, and that difference has to be better reflected, whether in the Chamber next door, this Chamber, the boardrooms or the judiciary. Every sector in this country is not doing well enough. None of us in this Chamber, nor the men who understand how important all this is, can afford to be complacent or take our foot off the pedal.