NEWS - WOMEN IN BUSINESS
Facebook has launched an entrepreneurship initiative for women after research showed that more female businesswomen would help to boost the UK’s economy by £10.01 billion.
The social networking website has launched SheMeansBusiness to help more women set up their own company.Read more >>
Over 50 per cent of British women would like to give up their job and become self-employed, according to new research.
The survey, which was conducted on behalf of the Start Up Loans Company, highlighted the main reasons why women would like to run their own business and identified the top business sectors in self-employment.Read more >>
Inspirational women were honoured at the 24th Inspiring Women Awards last week. The event, which took place on Friday 13th May, celebrates women who have made a difference in the Greater Manchester area.
This year’s awards were held at the Midland Hotel in the city centre, with the winners being announced at a gala lunch.
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Women in Liverpool work 1,626 hours more than the rest of the female workforce in the UK, according to research by online beauty company blowLTD.
The research identified the locations in which women work the most hours, and found that women in London work 75 more hours than the rest of the UK’s female workforce, whilst women in Scotland work 70 hours more.Read more >>
Providing more help for early-stage female entrepreneurs could help to boost the UK economy by £100 billion, according to a report compiled by Deloitte for the Women’s Business Council.
Recent research showed that there are fewer women (less than six per cent) engaging in entrepreneurial activities compared to men (more than ten per cent).Read more >>
A study by business insurance company AXA has highlighted the challenges that female entrepreneurs face when working from home.
Irregular hours, caring for children and unpaid work were found to be the main challenges for female entrepreneurs.Read more >>
According to a survey carried out by Avon, 60 per cent of women in the UK want to start up their own business.
The company surveyed 2,000 women and found that out of those who wish to start their own business, 45 per cent said that they have been held back because they feared that the process would be too complicated.Read more >>
Several UK banks have committed to signing up for a charter to promote gender balance in the workplace.
Major companies such as Virgin Money, Barclays, HSBC, Lloyds Banking Group and the Royal Bank of Scotland are showing their support after the government urged companies to sign up for the charter, which aims to get more women working in senior roles in the finance sector.Read more >>
The number of young female entrepreneurs in the UK is rising, according to a report from HSBC. The report, which was released on International Women’s Day, showed that the proportion of female entrepreneurs has almost doubled with each generation.
The findings were backed up by new research from Crunch Accounting, which showed that the number of females choosing to start their own business has increased by 42 per cent since 2010, with nearly a third of start-ups now being founded by women.Read more >>
Women-led businesses are the driving force of the UK economy, according to data compiled by Founders4Schools, a company that focuses on inspiring young people to set up their own business.
Figures from the open-government and LinkedIn data sets showed that the average annual turnover for businesses led by women is £11,719,080, more than the average business annual turnover of £11,284,634.Read more >>
Female entrepreneurs in Tunbridge Wells are the highest paid in the region, according to a report from the Office of National Statistics (ONS).
Figures showed that women in Tunbridge Wells are paid more than their counterparts in other areas of Kent, earning an average of £377.30 per week (£19,619 per annum) in 2015. This was higher than the average weekly earnings in Kent and in other areas in the south east.Read more >>
A competition for budding female entrepreneurs in Scotland has received an “overwhelming response”, with 16 companies making it through to the finals.
Over 100 start-ups and established businesses entered the competition, which was set up by AccelerateHER, a company that focuses on women’s business development.Read more >>
Female managers, directors and business leaders in Lancashire are being urged to join a project to inspire young female entrepreneurs. The Oysters and Pearls project has been organised to help women achieve success in business.
The project, which is being supported by the North and Western Lancashire Chamber of Commerce, will launch on 8th March, on International Women’s Day.Read more >>
Some of the UK’s leading female entrepreneurs have united in a bid to urge Britons to stay in the European Union (EU).
Fifty successful females, including business leaders, authors and entrepreneurs, have joined a campaign set up by Women IN chair Jenny Halpern Prince to encourage an in-vote.Read more >>
There has been no growth in the percentage of British women who earn high salaries over the past four years, with the figure sticking at 27%.
According to a report from law firm Clyde & Co, which analysed HM Revenue and Customs (HMRC) data, there has been a financial flatlining for females.Read more >>
The state of the gender pay gap and questions of how to deal with it have been in the headlines recently. Now new data from the Office of National Statistics (ONS) shows slight improvement, but little overall change over a four-year period.
Big 4 firm PwC has joined the discussion by commenting on the core issues.Read more >>
Female business students are deterred from the idea of entering the insurance sector due to numerous industry myths, according to Deloitte.
The Big 4 business advisory firm's new 'Deloitte Talent in Insurance Survey 2015' revealed that women were underrepresented by 11.2% among business students inclined towards insurance this year.Read more >>
Women have more opportunities to reach senior jobs in the accounting and finance sector than they did a decade ago, says new research by recruitment company Robert Half.
Nearly two thirds of UK finance directors believe that the position has changed over the past ten years.Read more >>
According to new research by KPMG, 29% of female workers in the UK earn less than the living wage.
The report highlighted the gender gap at the low end of the earnings scale, because in comparison, only 18% of males are in the same position.Read more >>
A new report says that a "major milestone" has been reached in the UK economy, as top FTSE 100 companies have now met a voluntary target of having women make up a quarter of their board membership.
However, the report's author, former trade minister Lord Davies, says that more still needs to be done.Read more >>
Businesses in England, Wales and Scotland will have to publish amounts awarded to both men and women as bonuses in a new initiative aimed at combating the gender pay gap.
The new regulations will apply to larger employers with more than 250 employees in a move that women and equalities minister, Nicky Morgan, said was a "first step."Read more >>
Having at least one female executive board member means that a company's board outperforms rivals that are made up exclusively of males, according to a new report.
Women in business: the value of diversity, a report from Grant Thornton International, covers listed companies in the UK, US and India and found that diversity on executive boards could have been worth £430bn in 2014.Read more >>
Telecom giant Ericsson has been hosting special ‘unconscious bias’ training courses for line managers to help achieve the target of having a 30% female work force by 2020.
The face-to-face sessions for thousands of employees are part of a mentoring programme for high-performing female employees to help them move forward in their careers.Read more >>
The Chartered Management Institute (CMI) has published research that reveals that female bosses in the UK work for almost two hours a day unpaid.
The findings come to light when salaries are compared to their male counterparts and adds up to 57 days every year.Read more >>
By pointing out that there are twice as many CEOs and chairmen of FTSE 100 companies called 'John' than the total number of women holding such positions, a leading UK investment expert has highlighted how far gender equality has to go in the UK.
As CEO of Newton Investment Management, chair of the Investment Association and founder of the 30% Club, Helena Morrissey is perfectly placed to comment on the place of women in the UK economy.Read more >>