A new study seen exclusively by Yahoo Finance UK shows how difficult it is for women in Britain, compared to men, to start their own business.
Yahoo says, men are three times more likely than women to have over £250,000 ($320,479) of investible assets – essential capital for getting a business started – according to private equity house IW Capital. Their 2018 Women’s Entrepreneurship Index has also shown how men are 52% more likely than women to have more start-up capital than their parents.
“By not fully addressing the problem of gender inequality the government risks not getting the most out of 50% of the potential talent, ideas, and passion that make UK finance and business a world player,” said Luke Davis, CEO and founder IW Capital.