Helen Grant
Main Page: Helen Grant (Conservative - Maidstone and Malling)Department Debates - View all Helen Grant's debates with the Department for Work and Pensions
(6 years, 5 months ago)
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I thank my hon. Friend for that well-considered question. He touches on the reason I requested this debate. I have a number of personal role models, the greatest of whom is my sadly departed mother-in-law, Margaret Maclean. She was a fantastic example of a woman who started her own business—not even from the kitchen table, but from the downstairs toilet. Many times we have been in her toilet packing up boxes of books for her book distribution business. I learned the value of hard work and never having a day off. I recognise that she did that and raised her three children, one of whom is still my husband, I am pleased to say.
We have seen in the Government’s recent industrial strategy that they are committed to continue to work with businesses to make flexible working a reality for all employees across Britain and to inform the evaluation of the right to request flexible working regulations. We all know that some barriers remain to requesting flexible working. I worked in businesses for 25 years before I entered the House and I know that there are barriers for women. It is only by making overwhelming change in the culture of business and society that it will become the norm to request and to grant flexible working to women and men with caring responsibilities. It is really good news for women when forward-thinking businesses are able to have a dialogue with their staff and accommodate the reality of our lives. Of course, as my hon. Friend the Member for Aldershot (Leo Docherty) said, men also benefit from that, along with the whole family.
I congratulate my hon. Friend on securing this important debate. Does she agree that apprenticeships are a very good way of allowing women and girls to achieve, progress and reach their full potential in the workforce by working flexibly? I declare an interest as chair of the apprenticeship diversity champions network.
I thank my hon. Friend for that question, because it draws attention to the statistics on women and apprenticeships. Women account for the majority of apprenticeship starts in recent years—53.4% in 2016-17 and 52.8% in 2015-16. That has risen year on year under this Government, and is no doubt a tribute to the work that she is doing in championing diversity and apprenticeships in the workplace. I thank her very much for that.
Having women in the workplace is very good news for men and the culture of businesses as a whole because it encourages a more dynamic, progressive and modern workplace. When the Minister responds, will he touch on the uptake of shared parental leave, which is a fantastic policy supported by this Government and previous Governments? What more can the Government do to encourage more employers to take it up? I am sure hon. Members will agree that it is very important.
I believe that women are natural entrepreneurs, so a debate on women in work would not be complete without a celebration of our tenacity and business acumen. This is a subject close to my heart, because I have spent the past 25 years running my own business. I have battled issues that I am sure we have all faced, including mansplaining and hepeating, which is a new one—obviously, hon. Members in this Chamber are not guilty of those sins—juggling my family and my work, losing my income when my business went bust, and all the highs and devastating lows that came with that journey.
Groups of women, such as the mumpreneurs and others, are increasingly using technological tools to make a living for themselves and to set their own agenda. The latest statistics indicate that there are now 1.2 million women-led small and medium-sized businesses in the UK, which contribute an estimated £110 billion to the economy. The Government are getting behind those women with a range of realistic measures designed to help them. Government-backed start-up loans are one of the ways we are helping women to realise their talents, create jobs and boost the local and national economies, but there is more to do. Only 5.7% of women were involved in starting or running a new business last year—half the rate of men. I think that is a shame, and the Women’s Business Council agrees. If women were setting up and running new businesses at the same rate as men, there would be 1 million more female entrepreneurs.
I am therefore pleased that the Government have recognised the urgency of this mission. My hon. Friend the Exchequer Secretary has responded to calls from across the world of business and politics to investigate the funding gap, which women face when they try to access capital. According to the Entrepreneurs Network, men are 86% more likely to be funded by venture capital and 56% more likely to secure angel investment than women. A new study by the Federation of Small Businesses shows that one quarter of female small business owners said that the ability to access traditional funding channels is a key challenge. Many are therefore forced to rely on alternative sources for growth, such as crowdfunding, personal cash and credit.
I have personal experience of that. Before I entered Parliament, I worked for a tech start-up, and I saw for myself the barriers that women in that sector face. There is a massive disparity between men and women in that industry, which is a huge shame because women have so much potential to offer. Statistics indicate that one in eight women want to launch their own business in the UK. I agree with my hon. Friend the Exchequer Secretary, who said that helping more women access the capital they need presents
“a massive economic opportunity to the UK”.
That opportunity is currently untapped. I therefore look forward to seeing the results of the landmark study announced by the Treasury of the female funding gap. I hope that important lessons are learned, and that the Government do everything in their power to tackle this important issue.
The third key issue I wish to raise is that of returners, which relates to women who find it difficult to interact with the workplace. The group is loosely called returners, but it includes a lot of different women at different stages of their life. Taking a career break can often mean the end of a career or put barriers in the way of progression. I had four children and four periods of maternity leave, so I know how difficult it is to re-enter the world of work after the stress and exhaustion of having a baby. It is a joyful time, but as any new mum will say, coming back to work is hard. They have to contend with not just the sleep deprivation but the challenges of keeping up with new developments in the workplace and in technology, and of course juggling childcare. That is why I am pleased that the Government acknowledge that issue and are leading the way on it.
I hear evidence of large companies such as AXA getting on board. There are many others, but I have singled out AXA because I read the evidence that it recently gave to the Treasury Committee. It has instigated flexible working, maternity buddying and maternity coaching to ease the transition back into the workplace. Such practices should become the norm, not the exception. By constantly talking about the importance of such issues in this place, I hope we send out the signal that the world of work has changed and will change in the future. A woman can be just as effective working from home, with a managed team and open and honest communication with her team.
When I recruited staff for very senior management positions in the business I ran, I never hesitated to recruit mothers, women with children, or even dads who wanted to work part time or school hours. That is unusual in many businesses, but I knew that they would be perfectly able to manage by using technology and virtual methods of communication to overcome the barriers of not being present. They do not need to sit at a desk to be effective. I knew that, although they were not physically present every moment of the day, their brains would be working on business problems, even while they were taking care of their children, doing the school run, preparing meals or doing the laundry. If you want anything doing, ask a busy person—especially a mother or a father who is up against a deadline to collect a child. I guarantee they will get the job done.
The Government are supporting hard-working women and businesses in this country. I welcome the fact that in the 2017 spring Budget the Government committed £5 million to support people who would like to return to paid work after spending time caring for others. That funding will help to unlock the potential and benefits of work for those individuals, employers and the economy. Some 2.1 million people, nearly 90% of whom are women, are currently out of the labour market because they are looking after their home or caring for family members, so we can see how important that agenda is. More and more businesses are joining the fight and making this a boardroom issue. Change will come only when directors step up and lead, and put their money and resources where their mouth is. I call on them to acknowledge the reality of the world of work for women today.
I want to touch on the Taylor review, of which I have experience, because I was a member of the Business, Energy and Industrial Strategy Committee for a short period. The Government are listening to and acting on the concerns raised in that important review, which looked at the world of work and recommended measures to protect all workers in our economy, including the gig economy, from being exploited. Many women work in lower-paid sectors of the economy, and they are just as entitled to good working conditions, which is why I welcome the Government’s action on this issue. There is more to come.
Working is good for women. It is not just an economic proposition; it is a chance for a woman to make the most of her potential and contribute her talents. There are many other upsides, including a real impact on her health and wellbeing. The fact that being in work has a positive impact on mental health is not talked about enough. In doing research for this speech, I uncovered statistics that indicate that women who work are less likely to be depressed, to live in poverty, to be in a violent relationship or be a victim of domestic abuse, to suffer substance abuse, or to experience family breakdown. They are more likely to live a balanced, happy life. They are also less likely to be offenders or be in prison. If a woman has children and is working, the children are more likely to grow up in a stable home with a stable experience. They are more likely to achieve academically, and are less likely to have mental health problems.
The issue of women and work touches all our lives, businesses and families, which is why I welcome Government action on it. Thank you for allowing me the time to have this debate, Sir David. I hope hon. Members agree that if a woman can work, earn and achieve in her own right, nothing can stop her and the world is her oyster.