Wed, 10 Apr 2013Business secretary Vince Cable warns that “momentum appears to be slowing” in the campaign to increase female representation on boards.

This comes as Lord Davies of Abersoch publishes his second annual progress report into women on boards, which backs up the previous assertion from Cable that addressing talent pipeline issues are the key to success.

It shows that last August the number of women on FTSE 100 boards passed 17% for the first time, reaching a peak in December at 17.7%, but has now dropped slightly to 17.3%

The full report, available online, also notes that there are now only six all-male boards in the FTSE 100, down from 21 in 2010.

Women and equalities minister Maria Miller says: “There is much more work to do. The priority now is to maintain that momentum, not only within listed companies but across the economy as a whole. Our equalities agenda isn’t solely about women in the boardroom. It’s also about unlocking the untapped potential of women at all levels in the workforce.”

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