Government and industry to take on investment bias and workplace culture to support more women in tech
What was announced
Government announces a major new push to back women in technology by helping tackle barriers facing female founders and workers while boosting growth across the UK economy.
Key points, in the publisher's words
- Better workplace culture, improved reporting routes to tackle harassment, and fairer investment practices are expected to inform new voluntary standards announced as part of the Chancellor’s Budget
- Government to launch a scale-up women’s programme, with enhanced support to help women-led businesses scale and grow
- Creating a fairer sector and investment culture where women are empowered to start and scale businesses at the same rate as men could unlock £310 billion for the UK economy 2
- Early industry ambassadors including BT, Revolut, Sage, Balderton Capital and Octopus Ventures, will co-create the standards with the Women in Tech Taskforce
Figures in this announcement
Each line is quoted from the original. Figures are as the publisher stated them on the day.
- “Women make up just 22% of the IT workforce 3 , despite evidence showing that closing participation gaps could add up to £4 billion a year to UK GDP.”
- “While enabling women to found and grow businesses at the same rate as men could unlock £310 billion for the economy 2 .”
- “Government’s recent call for evidence found that 74% of respondents believe a better workplace culture would support women’s progression and leadership in tech 1,2 .”
- “Only 2p of every £1 invested in venture capital funding in the UK goes to women founded businesses 5 .”
- “With 74% of respondents to our Call for Evidence advocating for better workplace culture, we now have a clear mandate to work with industry and make tech somewhere women stay, thrive and lead.”
Who and where
People
- Vicky Foxcroft (MP for Lewisham North (Labour)) · more news
UK bodies of power
- Department for Digital, Culture, Media and Sport (UK government department) · more news
- Department for Business, Innovation, Science and Trade (UK government department) · more news
Constituencies of the MPs named: Lewisham North.
Where this sits in the 10 levels of power
Topics, as GOV.UK files them: UK economic growth.
Receipt
- Original: https://www.gov.uk/government/news/government-and-industry-to-take-on-investment-bias-and-workplace-culture-to-support-more-women-in-tech
- Published 2026-10-29 00:01:01 UTC
- Read by this site 2026-10-29 00:15:16 UTC from GOV.UK
- Saved copy: receipt 4054, with its SHA-256 fingerprint
Contains public sector information licensed under the Open Government Licence v3.0.
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