Good news. Major fund to boost women in business snubbed by big banks despite Chancellor Rachel Reeves’s calls for greater support.

Our thanks to Jeff for this good news. An extract, pure BS:

“Rachel Reeves backs it and says the economy could be boosted by £250billion if women were able to start and scale businesses at the same rate as men. [J4MB: Oh dear. Why are the poor lambs currently unable to do so, beyond the obvious reasons – risk-aversion, hypergamy, work ethic…]?

She is facing calls to get pension funds to direct assets into female-led companies and has been warned that rises to capital gains tax will blunt female entrepreneurs’ ambitions. [J4MB: Thank goodness male entrepreneurs’ ambitions won’t be blunted!]

Emma Jones, of business-to-business service Enterprise Nation, said: “If the end game is no longer the prospect it once was, women may not see entrepreneurship as a career path. That would be a massive loss to the economy.” [J4MB: No, it wouldn’t, you dozy trout!]

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3 thoughts on “Good news. Major fund to boost women in business snubbed by big banks despite Chancellor Rachel Reeves’s calls for greater support.

  1. This is so like the assertion by Anne Francke that creating a gender-balanced workplace will somehow, magically add 28trillion to global GDP. The currency is never specified, and I’ve never been able to tie down the original source (which is vaguely attributed to McKinsey). But, it gets repeated often enough, and becomes ‘fact’. You can get a feel for the modus operandi in the attachment. https://www.amazon.nl/-/en/Ann-Francke-ebook/dp/B07NVSRR6G/ref=sr_1_1?dib=eyJ2IjoiMSJ9.WRycLoW-jhhFiGUfDKE1Y25t337GfsxjdGCd00HRuNvGjHj071QN20LucGBJIEps.hlHYLKGOtB5LRJIK0HR0ky8NGeqk0RvMv2I6W_4WlsU&dib_tag=se&keywords=create+a+gender+balanced+workplace&qid=1732303974&s=digital-text&sr=1-1

    This woman is head of the Chartered Management Institute. Yet, her job seems to comprise going to work to devise further ways to disadvantage men. Certainly, her ‘Gender-Balanced Workplace’ doesn’t look very welcoming, inviting or inclusive for men. https://www.bbc.co.uk/news/business-51261999

    Yes…. that Anne Francke

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