(6 years, 6 months ago)
Commons ChamberI very much hope that the Minister will have today’s Official Report framed and hung up in Alice’s room.
Diversity is good for business. Organisations with the highest level of gender diversity in their leadership teams are 15% more likely to outperform their industry rivals. There are now no all-male boards in the FTSE 100, compared with 21 such boards in 2011, and the percentage of women on FTSE 350 boards has more than doubled since 2010. However, we know that there is more to do, which is why we commissioned the Hampton-Alexander review to improve female representation at the most senior levels in business.
Clearly, progress is being made, but in thanking my hon. Friend for her answer, may I ask how the Government are engaging positively with our business community to help meet the important Hampton-Alexander goals?
I thank my hon. Friend, who has taken a long interest in diversity matters. Indeed, he is meeting the Under-Secretary of State for Business, Energy and Industrial Strategy, my hon. Friend the Member for Burton (Andrew Griffiths), this afternoon to discuss this topic. The Government-backed Women’s Business Council’s recent toolkit, “Men As Change Agents”, calls on FTSE 350 chief executive officers to embrace three asks to deliver the required pace of progress, including sponsoring women from within their organisation with the potential to secure an executive role within three years. My hon. Friend is keen to be an agent of change, and I welcome his support and that of other male colleagues in driving the progress that we all want to see.
(7 years, 4 months ago)
Commons ChamberI know that the hon. Gentleman takes a close interest in the matter, but I really would not describe today’s landmark case as a “skirmish”. I think that everyone in the House would be well advised to read the full judgment. It is my job to be anxious about these things. It is my job to give the nth degree of scrutiny, because lives are potentially lost if we make the wrong judgments. It is the judgment of myself, the Foreign Secretary and other senior Ministers that gives us such anxiety. Were we to be cavalier, the hon. Gentleman would be absolutely right to criticise us. When we take the nth degree of care about the judgments we make, as previous Governments have done, he ought to be very grateful that we are doing so in the country’s interest.
I welcome my right hon. Friend’s statement. The judgment comes from an independent judiciary and underscores the robustness of the assessment of export licence applications. He will be aware, I hope, that Saudi Arabia is going through self-authored and hugely welcome modernisation and change. Can he assure me that those changes within the kingdom will be taken into account when considering future export licence applications to our strong and reliable ally in the middle east?
We take all information into account when coming to a judgment. We look across the information from the FCO, the MOD and my Department to see what is happening, and we put the whole picture together before we come to a judgment. We can hardly be accused of spending too little time or looking at too little evidence in coming to the right conclusion.