The UK government is expanding its effort to increase female participation in technology with new measures aimed at workplace culture, investment practices and business growth. The package includes voluntary standards and a scale-up programme for women founders, as policymakers argue stronger representation could unlock £310 billion for the UK economy.
Highlights
- UK government introduces two voluntary standards and a scale-up women's programme as part of the Chancellor's Budget to address barriers for women in tech.
- The scale-up women's programme targets high-growth UK companies led by women, aiming to close funding gaps and enhance business growth support.
- Women represent only 22% of the UK IT workforce, and the government expects improved investment and workplace standards to drive significant economic gains.
Standards and scale-up support
As reported by GOV.UK, the measures form part of the Chancellor's Budget and are designed to address barriers facing women across the technology sector, from workplace conditions to access to capital. The government says better workplace culture, improved reporting routes to tackle harassment and fairer investment practices are expected to shape two new voluntary standards.Alongside those standards, the government is launching a scale-up women's programme to provide enhanced support for women-led businesses as they grow. The initiative is aimed at founders of high-potential, high-growth UK companies and seeks to address persistent funding gaps affecting women-founded businesses.
Pressure on representation in UK tech
Officials say the policy response reflects continued underrepresentation in the sector, with women accounting for just 22% of the IT workforce. The government argues that creating a fairer technology and investment environment, where women are able to start and scale businesses at the same rate as men, could generate significant economic gains.Digital Inclusion Minister Vicky Foxcroft says too many talented women are leaving the tech industry or not getting the opportunity to build a career in it. Both voluntary standards are now entering a co-creation period with industry, investors and the Taskforce ahead of a formal launch in the coming months.
In our earlier article on the surge in cybersecurity and privacy startup funding, we noted that total investment jumped on the back of fewer but much larger late-stage rounds. We also highlighted how AI-driven security and identity-focused companies attracted outsized cheques, while major acquisitions signaled ongoing consolidation across the sector.