(7 years, 4 months ago)
Commons ChamberThe Scottish Government have committed to increase the number of women on public boards, and the Partnership for Change 50/50 campaign encourages the private, third and public sectors to achieve gender balance on boards by 2020. At the current rate of change, gender balance will take several decades, so when will the UK Government follow the Scottish Government’s lead?
Since 2010, the number of women on FTSE 350 boards has more than doubled, and we now have the highest percentage ever—over 24%. We have the lowest number of all-male boards in the FTSE 350, with only six remaining. It is not good enough, and we need to make more progress, but progress is being made. The work that the Government are doing through the Women’s Business Council to stimulate a culture change is very important. Diversity and women are good for business.