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Full Debate: Read Full DebateDepartment: Department for Business, Energy and Industrial Strategy
Jim Shannon
Main Page: Jim Shannon (Democratic Unionist Party - Strangford)Department Debates - View all Jim Shannon's debates with the Department for Business, Energy and Industrial Strategy
(4 years, 6 months ago)
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Andrea Leadsom
I am very sympathetic to my hon. Friend’s point; I know she is a big champion of businesses in St Albans. In my Department, we are helping the British Business Bank to provide greater support to start-up businesses, providing huge support to the UK’s 1.2 million female-led SMEs, and doing everything we can to ensure that there are more incentives and opportunities for women to start businesses than ever before.
Jim Shannon (Strangford) (DUP)
If we are to encourage more women into business, it is essential that we tackle the gender pay gap at executive level. What has been done to address that issue?
Andrea Leadsom
The hon. Gentleman will know that the gender pay gap is now the smallest it has ever been and that the Government have required reporting of the gender pay gap. Such transparency can partially solve the problem, but we are not resting there: we are doing as much as possible to get more women to become entrepreneurs and to help women to acquire the skills they need to lead some of our fantastic UK businesses.