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Government launches boardroom diversity drive

6th August 2010

A new drive has been launched by the government to increase the number of women in the UK's boardrooms.

The Department for Business, Innovation and Skills revealed that its new aim is for at least half of all those appointed to the boards of public bodies by the end of the current parliament to be women.

In addition, Lord Mervyn Davies of Abersoch has been tasked with creating a business strategy to ensure more women are included on the boards of the UK's listed companies.

Business minister Edward Davey said the coalition is committed to boardroom diversity and is attempting to lead by example with the new plan.

'We want to work with business leaders to remove the obstacles to UK plc benefiting from the skills and experience of women. This is not just about gender equality, but about improving performance and ultimately productivity too,' he added.

Research carried out by Cranfield University in 2009 found that female directors made up 12.2 per cent of FTSE 100 companies' boards.

Last month, the Government Equalities Office published the timetable for the implementation of the Equality Act, which will start to be introduced from October.
 

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