More female-run businesses could give the UK economy a £250bn boost, a new report says.
The UK economy could be given a £250bn boost if women entrepreneurs were given the opportunity to develop new businesses on the same scale as men, a government-commissioned report said.
"The unrealised potential for the UK economy is enormous," said Ms Rose, who is also deputy chief executive of NatWest. Prime Minister Theresa May said the government would encourage more companies to look at the gender split of the companies they invested in. That rises to £250bn - the equivalent of four years' economic growth - if women were backed to the same extent as men.
"At 39, this was, however, a bit too much of a culture shock. I loved being a mother, but I knew that I wanted to do something to keep my design brain working. One day, I called my mother and asked her to look after the children. I took a plane to Vietnam, a country I'd always wanted to visit, and within days I was already designing a complete range of clothing out of my hotel room. I became an accidental entrepreneur overnight. No company name. No business plan. No research.
The report describes the UK as the"start-up capital of Europe", with a 5.1% growth rate in the number of new businesses between 2013-2017.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
More women in the workplace could boost economy by 35%, says Christine LagardeExclusive: IMF chair presses for female empowerment in interview to mark International Women’s Day
Read more »
Urgent plea from woman in need of lung transplant who fears time may run outLyndsay Davidson, who has a rare form of cystic fibrosis, says she 'cannot plan her future because she doesn't know if she has one'
Read more »
British schoolchildren don't need a better curriculum – they need better parentingMartin Stephen: 'We are asking too much of schools, and increasingly we are asking schools to do what should more properly be done by parents'
Read more »
Kylie Jenner net worth: Is makeup entrepreneur and Kardashian really a billionaire?KYLIE JENNER, 21, is a make-up entrepreneur and reality TV star who has been named the world’s youngest billionaire. She has beat Mark Zuckerberg to the title, according to Forbes. What is her net worth, is she really a billionaire?
Read more »
Banks compelled to publish updates on gender funding gap to help female entrepreneursBanks will be compelled to publish regular updates on how much they invest in businesses run by women as part of a series of new measures to help female entrepreneurs, in a victory for The Telegraph’s Women Mean Business campaign.
Read more »
Japan Women 0-3 England Women: Lionesses win SheBelieves Cup for first timeEngland ease past Japan in their final SheBelieves Cup match to win the competition for the first time.
Read more »
International Women's Day sees five generations open up on being a woman in 2019Christina Seddon is 81 while little Aliyza Irvine is just 11 months old - and they will both have vastly different experiences of life
Read more »
The South Sudanese radio show run entirely by women for women'Peace of her Mind' broadcasts every week across war-ravaged country tackling some of society's biggest taboos
Read more »
10 best brands that empower women to support on International Women's DayThese businesses employ, support, and help vulnerable women across the world and their female-led initiatives are sure to inspire you
Read more »
Trump’s pick for Office on Violence Against Women claims guns will protect women from violence'It is concerning. What is the point of having four decades worth of evidence if you are going to ignore it,' says campaigner
Read more »