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More than half of women entrepreneurs have been turned down for a loan to start their business

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Half of female entrepreneurs have been turned down for a loan to fund their new business, even as the Government pledges ambitious growth for the British economy, new research has revealed kathy_swinds reports:

This gender inequality runs all the way from the top, as separate analysis shows women hold less than 9 per cent of chief executive and chairperson roles in the UK’s financial services sector.specialists Fox and Partners found that, in total, women occupy just 14.8 per cent of the most senior positions at financial services firms.

Caroline Field, Partner at Fox and Partner, said: “Financial services is only part of the way down the long road to enabling equality in senior positions. Field also says that firms need to rethink their reintegration practices for staff returning after maternity leave, to ensure they are brought up to speed and don’t feel unsupported, which can be a key barrier to rising through the ranks.

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