Rachel Reeves backs Invest in Women Taskforce as funding disparity for female founders increases

Equity investment gap

Linus Uhlig
clock • 2 min read

Chancellor Rachel Reeves has endorsed the Invest in Women Taskforce following findings that female-founded businesses received just 1.8% of total equity investment value in the first half of this year.

"It is a huge responsibility to sit in the Treasury as the first female chancellor of the exchequer and be able to use my position to improve life for women across the UK – one that I do not take lightly," Reeves said at a ‘Women in Economy' event hosted at Number 11. "By backing the Invest in Women Taskforce we can establish one of the world's largest dedicated investment funding pools for female-powered businesses, helping grow our economy," the chancellor added. Women in Investment Awards winner's interview: Nicola Day from Greenbank Investments Her endorsement comes as found fe...

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

Trustpilot