Oral Answers to Questions

Paul Burstow Excerpts

Thursday 10th April 2014 Commons Chamber

[Jenny Willott]

We would probably all agree that the gender and ethnic balance in boardrooms is not as we would like. However, significant progress is being made. At the start of this Parliament, about 12% of FTSE 100 board members were women. The figure is now more than 20% and we are on target to make that a quarter by the election. The Government are taking the matter seriously and working hard to change the culture throughout companies by introducing measures such as flexible working and shared parental leave, which send out the message that the Government think this issue is extremely important. We are working with employers to change the culture in businesses from top to bottom.

[Paul Burstow (Sutton and Cheam) (LD)]

10. What estimate his Department has made of the contribution of life sciences to the UK economy.

[The Minister for Universities and Science (Mr David Willetts)]

The life sciences industry contributes more than £13 billion a year to the UK economy. Since the launch of our life sciences strategy, industry has been investing £1 billion a year in Britain.

[Paul Burstow]

Sutton is home to the Institute of Cancer Research and the Royal Marsden. Together, they have a formidable global reputation in the fight against cancer. As part of its Opportunity Sutton programme, my council has a shared plan with those two organisations to develop a life science cluster. Will the Minister meet me and representatives of those organisations to discuss how the Department can facilitate the co-ordination of policy across Government to secure that vision and the 4,000 extra jobs that will come with it?

[Mr Willetts]

I would be happy to meet my right hon. Friend. That is exactly the kind of initiative that the Mayor of London envisaged when he launched his MedCity initiative earlier this week. We look forward to a golden triangle that links Oxford, Cambridge and Sutton.