Oral Answers to Questions Debate

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Department: Department for Transport

Oral Answers to Questions

Nadine Dorries Excerpts
Thursday 12th January 2012

(12 years, 11 months ago)

Commons Chamber
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Maria Miller Portrait Maria Miller
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I thank the right hon. Lady for bringing up this issue. She is absolutely right that it is important that discussion of the Welfare Reform Bill is undertaken in an appropriate manner, although I think she is wrong in believing that the measures that we have put in the Bill are in any way adding to the problem. If we did not make the changes that are included in the Bill, which were voted on in the other place yesterday, where does she anticipate that we would make the substantial necessary savings?

Nadine Dorries Portrait Nadine Dorries (Mid Bedfordshire) (Con)
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4. What steps she is taking to increase the role of women in the economy.

Baroness May of Maidenhead Portrait The Secretary of State for the Home Department and Minister for Women and Equalities (Mrs Theresa May)
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Using the skills and qualifications of women who are currently out of work would deliver economic benefits of £15 billion to £20 billion a year for the UK. The actions that we are taking, for example through the Work programme and our support for women’s enterprise, will ensure that that untapped potential can be used to stimulate economic growth.

Nadine Dorries Portrait Nadine Dorries
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A year on from Lord Davies of Abersoch’s report on the number of women in boardrooms, minimal progress has been made. It seems amazing that men who can run boardrooms, businesses and banks so effectively are unable to introduce policies of fairness and equality. What further does the Minister think can be done to encourage organic change within businesses, banks and boardrooms and avoid a demeaning and degrading measure of quotas and shortlists?

Baroness May of Maidenhead Portrait Mrs May
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I thank my hon. Friend for making the point that the best way to get change is not to impose a quota on a country but to encourage people to recognise the talents that exist within their companies. [Interruption.] The hon. Member for Slough (Fiona Mactaggart) asks what is happening, and I am about to answer that, because it was one of the issues that my hon. Friend the Member for Mid Bedfordshire (Nadine Dorries) raised. Since 1 March last year, 27% of board appointments to FTSE 100 companies have been female, and we are now down to only 10 all-male boards in the FTSE 100. Progress is being made as a result of Lord Davies’s report, but of course we continue to monitor the matter and will continue to work with companies to encourage them to use the talent available from the women who are in those companies and can be appointed to their boards.