We all know women have a long way to go when it comes to representation. But figures highlighted by the Telegraph’s Women Mean Business campaign help to reveal the extent of the imbalance, as the British government looks to implement measures to promote women in leading business roles. Read on for more on the initiative; as well as barriers faced by women entrepreneurs, overall economic benefits of engaging more women in business, and more.
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Just one in five British businesses is run by a woman, figures show, as today the government launches a review into the challenges that females face in starting and growing their own enterprises.
In a move inspired by the Telegraph’s Women Mean Business campaign, leading banker Alison Rose will spearhead the initiative, which will explore ways to reduce barriers to female engagement in entrepreneurship and make recommendations to decision makers in Government.
Writing in today’s Telegraph, Robert Jenrick, Exchequer Secretary to the Treasury, says that the paucity of female business founders is “shocking,” and that untapped female entrepreneurship “may be the greatest economic opportunity of 21st century.”
It has also emerged that of the six million businesses in Britain, only one fifth are run by women, and there are twice as many male entrepreneurs as females despite there being one million more women in the UK.
Image credit: Simon Dawson
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