Big firms lying about female and minority directors, says top business chief

Exclusive: Charlotte Valeur says she will call for new laws if FTSE 350 firms don’t improve diversity

The new chair of one of the UK’s most influential business groups has accused Britain’s biggest companies of lying when they say they cannot find enough female or ethnic minority directors.

Charlotte Valeur, who joined the Institute of Directors (IoD) in September, said she would start calling for new laws next year to force firms to improve their diversity if FTSE 350 companies failed to make faster progress.

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