Government slams 'outrageous' excuses for gender imbalance on FTSE 350 boards

Ten firms in FTSE 350 do not have a single female board member

Beth Brearley
clock • 2 min read

Government ministers have condemned the excuses given by the heads of some of the UK's largest companies for a lack a women on boards as "outrageous" on the back of a government-commissioned review.

A report released today revealed executives claimed that women "don't want the hassle" of joining a board, or feel that they do not "fit comfortably into the board environment", with one business leader suggesting women would struggle with "extremely complex issues". Ten firms in the FTSE 350 do not have a single female board member, although this is an improvement on 2011 when there were 152. The Hampton-Alexander review of gender representation in UK-listed companies was commissioned by the business department (BEIS) and launched in November 2016, led by GlaxoSmithKline chair Sir Ph...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Investment

Stories of the week: Trump, private markets, and the UK labour market

Stories of the week: Trump, private markets, and the UK labour market

Tariffs, the FCA, and Close Brothers Asset Management: The biggest stories from the world of investment and asset management this week

clock 07 March 2025 • 1 min read
Partner Insight: A.I. meets Infrastructure - a tale of data storage, energy efficiency and opportunities

Partner Insight: A.I. meets Infrastructure - a tale of data storage, energy efficiency and opportunities

The AI revolution is transforming data centres into a booming business. This propels sustainable innovation and growth with numerous investment opportunities in the infrastructure space on the horizon

Van Lanschot Kempen Investment Management
clock 05 March 2025 • 6 min read
Stories of the week: Defence spending, the FCA, and Brickwood

Stories of the week: Defence spending, the FCA, and Brickwood

The German election, Unilever, and UK GDP: The biggest stories from the world of investment and asset management this week

clock 28 February 2025 • 1 min read
Trustpilot