UK: 'Radical feminists' honoured for women's enterprise

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'"Ten years ago we were seen as radical feminists, banging on about women's rights," recalls Ms Gill. This had now changed, she added, with even the banks adapting their services to appeal specifically to women. "It has made them realise that they [women entrepreneurs] need a bit of a different service," she said.

Female business owners are well placed to survive the recession, perhaps more so than their male counterparts who typically are more comfortable funding their ventures with higher levels of debt, Ms Gill said.

"Women are going to be better placed to take on the challenges of a recession. They have better strategies in place. They are prepared to play in a team environment. It's going to be tough for staff, because frankly they have had it easy for the last 10 years," she said.'

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