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Female representation on FTSE 100 boards continues to increase 10.10.14

Vince Cable cautions companies to keep the momentum up

The Women on Boards steering board has published its latest figures for women on FTSE100 and FTSE250 boards. Lord Davies’s initial review in 2011 looked at the business case for boardroom diversity, and the problem women face in accessing corporate board positions

In an updated report published this week, statistics show that
– Women’s representation on FTSE 100 boards has increased to 22.8% – up from 20.7% in March 2014
– Women’s representation on FTSE 250 boards has increased to 17.4% – up from 15.6% in March 2014

Business Secretary Vince Cable said, “Although our target is in sight, we must keep up the momentum. All companies with fewer than 25% of women on their board need to take firm action now to increase female representation. Companies need to harness all available talent – better balanced boards are vital to securing the future competitiveness of UK.”

To read the report, visit Gov.uk