Oral Answers to Questions

Julian Huppert Excerpts

Thursday 22nd November 2012 Commons Chamber

[Jo Swinson]

The right hon. Lady will know that there is due to be an urgent question shortly, when this issue will be discussed in more detail. Personally, as a strong supporter of women’s equality, I share her disappointment and that of many others. As a Scottish humanist, I recognise that I may not be the best person to tell the Church of England what it should be doing. All our religious institutions are important. She raised the issue of the role of Parliament. She may be aware that I have not been a supporter of all-women shortlists for Parliament. There is an irony in that there is a continuing all-male shortlist as a result of this decision. She is right to highlight that a significant majority in the General Synod supported the move to women bishops. The fact that 95% of dioceses supported it gives some reassurance to those who would like to see this change happen.

[Dr Julian Huppert (Cambridge) (LD)]

Women are routinely paid less than men—15% less on average nationally; 23% less in London. However, the Davies report found that organisations with more women on their boards outperformed their rivals by 42% in sales, and significantly on return on capital and on equity. Does my hon. Friend agree that to promote greater equality in the workplace, companies must be far more open about their employment practices so that they have better outcomes?

[Jo Swinson]

Of course, the pay gap figures have just been updated and published this morning and they have come down slightly, but my hon. Friend is right to highlight that they are still too high. My hon. Friend highlights the fact that having more women on boards can help companies’ performance. I encourage employers to sign up to our “Think, Act, Report” initiative, so that they properly use the talents of women within their businesses at all levels.