Rachel Reeves backs Invest in Women Taskforce as funding disparity for female founders increases

Equity investment gap

Chancellor Rachel Reeves has endorsed the Invest in Women Taskforce following findings that female-founded businesses received just 1.8% of total equity investment value in the first half of this year.

"It is a huge responsibility to sit in the Treasury as the first female chancellor of the exchequer and be able to use my position to improve life for women across the UK – one that I do not take lightly," Reeves said at a ‘Women in Economy' event hosted at Number 11. "By backing the Invest in Women Taskforce we can establish one of the world's largest dedicated investment funding pools for female-powered businesses, helping grow our economy," the chancellor added. Women in Investment Awards winner's interview: Nicola Day from Greenbank Investments Her endorsement comes as found fe...