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No Girlies on the Board – why I don’t give a flying wotsit and much more

Tom Winnifrith
Monday 24 March 2014

It is time for shocking revelations of shameful personal habits. Earlier today my colleague Malcolm Stacey came out as a reader of the turgid rag for crackpot deluded lefty social workers, teachers and other Money Tree believers – that is to say The Independent on Sunday. Malcolm then argued that he won’t invest in a company with an all-male board. Utter cobblers.

The Money Tree worshipping liberal left like to argue that the fact that 20% of FTSE 100 directors are birds is down to affirmative action campaigning and that if we had legally binding quotas then the birds would get a fair quota on PLC boards (50% I assume) and companies would be better run as a result. This is all so much shite.


The increase in female boardroom representation over the past two decades matches the increase in the number of female partners in City law firms, partners in big City accountants, etc.  If anything we wicked capitalists have outperformed liberal bastions with all their affirmative action programmes in this respect. That is because we wicked capitalists care about the bottom line and thus promote on merit. If a woman is the best person for the job, will make more money for the firm than the man she gets the post.

Why are there not more women on PLC boards? Simple. Demographics, PLC boards

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About Tom Winnifrith
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Tom Winnifrith is the editor of TomWinnifrith.com. When he is not harvesting olives in Greece, he is (planning to) raise goats in Wales.
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