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<p>The Government is committed to working with the business community to create more
inclusive workplaces from the shop floor to the boardroom. The Government has commissioned
and supports several business-led, independent reviews on promoting diversity, including
the Hampton-Alexander Review to increase the representation of women on boards and
in senior leadership positions in FTSE 350 companies to 33% by 2020 and the Parker
Review to increase the ethnic diversity of FTSE 350 boards by 2024.</p><p>These reviews
form part of the Government’s modern Industrial Strategy which aims to build an economy
that works for all.</p><p>The statistics recently published by the Hampton-Alexander
Review on 1<sup>st</sup> July, show that the business-led approach to creating more
balanced boards is working, as the representation of women on FTSE 100 boards has
risen to 32.1% from 12.5% in 2011. The number of all-male boards across the FTSE 350
is also down to four from 152 in 2011. The Government has no plans to introduce legislation
to require equal numbers of men and women at board level.</p>
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