Last Wednesday, International Women’s Day celebrated the massive impact that women have on every aspect of the economy and society across the World.
However, one area which still requires attention is ensuring that women, if they wish, are given every opportunity to become an entrepreneur and, more importantly, for their business to then be properly supported to create jobs and prosperity in their local communities.
In 2019, this critical issue was a subject of a major investigation chaired by the chief executive of NatWest Bank, Dame Alison Rose. The Rose Review was a long overdue analysis not only about the state of female entrepreneurship in the UK but, more importantly, what could and should be done to ensure that the entrepreneurial potential of women is maximised for the benefit of the nation. As the original report noted, £250 billion could be added to the UK economy if women matched men in starting and scaling businesses.