Twenty five of the FTSE 100 companies in Britain still have no women on the board, according to a study by Cranfield School of Management.
The annual Female FTSE Report looks at the composition of FTSE boardrooms and is intended to act as a barometer of diversity in UK businesses.
This year's survey has found that while every company in the U.S. Fortune 100 has at least one woman on their boards, in the UK the situation is very different.
Although there was an overall increase in the number of companies (to 78) having women directors during 2005, just 11 of these had female board members holding executive positions.
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