Labour says it will use state bank to fund female-led businesses

Exclusive: Shadow City minister Tulip Siddiq to reveal plan for target to end financial exclusion of women

Labour plans to set targets for funding female-led businesses through the state-owned British Business Bank and to launch a review of the financial exclusion of women, if it wins the next general election.

The initiatives, which will be announced on Monday by the shadow City minister Tulip Siddiq, form part of the party's financial inclusion agenda, following a review by 10 City grandees earlier this year of Labour's financial services strategy.