Seema Malhotra

I thank my hon. Friend for her comments. That debate continues, and I will touch on some relevant issues later in my speech. Last week, alongside the Minister for Women and Equalities, I was proud to launch our voluntary action plans. Under the Employment Rights Act 2025, employers with over 250 employees will be asked to submit action plans showing how they will reduce their gender pay gaps and support employees going through the menopause. We are working with business leaders, civil society organisations and trade unions, because we cannot reach workplace equality without the support and commitment of all. The removal of the two-child limit will lift 450,000 children out of relative poverty in the final year of this Parliament. As we know, poverty impacts women, whom the Women’s Budget Group describe as the “shock absorbers of poverty”. On business, the Chancellor has backed the Invest in Women taskforce, launching a funding pool of over £600 million, including £130 million from the British Business Bank, to be invested in women-led businesses. It is the largest fund of its kind globally, addressing the enormous barriers to access to finance that exist for women. Alongside that, the Government are supporting more women in the UK’s tech sector. Every year, the economy loses an estimated £2 billion to £3.5 billion because women leave the tech sector or change sectors due to barriers that should not exist. Men outnumber women by four to one in computer science degrees, which is a subject I studied. Women are less likely to enter tech, stay in the sector or rise to leadership roles.