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| Women still struggle to get top FTSE 100 jobs - report | |
| (about 1 hour later) | |
| The number of female executives in top jobs at the UK's leading 100 firms is almost unchanged for a third year running, a report says. | |
| Cranfield School of Management found 135 female directors out of 1,076 people on FTSE 100 boards, or 12.5%. | |
| The figure was 12.2% in 2009 and 12% in 2008, suggesting that the situation is stagnating, the report argues. | The figure was 12.2% in 2009 and 12% in 2008, suggesting that the situation is stagnating, the report argues. |
| Equalities Minister Lynne Featherstone said that the figures were "worrying". | Equalities Minister Lynne Featherstone said that the figures were "worrying". |
| Cranfield's 2010 Female FTSE report said that this year's incremental increase is due to three additional women on FTSE 100 boards. | Cranfield's 2010 Female FTSE report said that this year's incremental increase is due to three additional women on FTSE 100 boards. |
| The company in top place this year is retailer Burberry with three out of eight female board members, or 37.5%. | The company in top place this year is retailer Burberry with three out of eight female board members, or 37.5%. |
| In Burberry both the chief executive and the chief financial officer are women, and there is also a female non-executive director. | In Burberry both the chief executive and the chief financial officer are women, and there is also a female non-executive director. |
| 'Political correctness' | 'Political correctness' |
| Equalities Minister Lynne Featherstone said: "While I'm pleased to see the number of female-free boardrooms continuing to fall, it's worrying that women - who make up more than 50% of the population - still account for just one-eighth of FTSE 100 directors. | Equalities Minister Lynne Featherstone said: "While I'm pleased to see the number of female-free boardrooms continuing to fall, it's worrying that women - who make up more than 50% of the population - still account for just one-eighth of FTSE 100 directors. |
| "Making boards more diverse is not about political correctness - it's about making sure companies draw senior staff from the widest possible pool of talent, which is good for business, good for staff and good for customers." | "Making boards more diverse is not about political correctness - it's about making sure companies draw senior staff from the widest possible pool of talent, which is good for business, good for staff and good for customers." |
| The research also looked at FTSE 250 companies, where 52.4% (131) of companies have no women on their boards. Just 7.8% of FTSE 250 board directors are women. | The research also looked at FTSE 250 companies, where 52.4% (131) of companies have no women on their boards. Just 7.8% of FTSE 250 board directors are women. |