Oral Answers to Questions
Debate between Jake Berry and Ed Davey
Jake Berry (Rossendale and Darwen) (Con)
On Tuesday, LVMH, which produces perhaps some of the Minister’s favourite luxury brands of Louis Vuitton and Moët Hennessy, signed the “woman on the board pledge for Europe”. Will the Minister update us on what steps he will take to encourage British business to sign this pledge, and does he agree that increasing the representation of women on British boards is a matter of necessity, not luxury?
Mr Davey
I strongly support the sentiments behind my hon. Friend’s question. He will know that the report of Lord Mervyn Davies encourages chairmen and chief executives to publish their aspirations and to have a strategy for their aspirations to have more women on boards. When we consult on the future of narrative reporting, we want to consult on the proposal to make the top FTSE 350 companies disclose their performance, including on women on boards.
Oral Answers to Questions
Debate between Jake Berry and Ed Davey(13 years, 10 months ago)
Commons ChamberRead Full debate Read Hansard Text Read Debate Ministerial Extracts
Mr Davey
All partner organisations and all parts of Government have to look very closely at their budgets as we approach the comprehensive spending review. We will ensure that key parts of the Department, which I often refer to as “the plumbing”—the parts that uphold company law and competition policy and the Advisory, Conciliation and Arbitration Service, for example—get the resources they need, as they affect key areas of our economy.
Jake Berry (Rossendale and Darwen) (Con)
May I say that the announced 50,000 new apprenticeships are hugely welcome in my constituency, as Rossendale and Darwen has many young people working in the manufacturing sector? Given that an apprenticeship should be only the start of a journey of lifelong learning, what steps have been taken to encourage those who have completed an apprenticeship to go on to university?