About CBI
New business body launched as CBI faces crunch vote
... It comes as the troubled Cbi faces a crunch vote on its future after it was mired in serious sexual allegations...
Vote on CBI's reforms nerve-wracking, says new boss
...By Michael RaceBusiness reporter, BBC NewsThe new boss of the Cbi has said it is a " nerve-wracking time" ahead of the result of a vote on reforms following allegations of sexual misconduct...
Scandal-hit CBI to cut jobs as it fights for survival
...By Jemma DempseyBBC NewsThe Cbi has revealed plans to cut jobs as it struggles with the fallout from allegations of rape and sexual assault against staff...
New CBI boss says she raised sexual harassment concerns
...By Michael Race & Simon JackBusiness reporter and Business editor, BBC NewsThe new Cbi boss raised concerns over sexual harassment when she was in a senior role at the group, she has said...
New CBI boss starts job as crisis continues
...By Dearbail Jordan & Michael RaceBBC NewsRain Newton-Smith is taking over as director general of the Cbi as the lobby group fights for survival amid allegations of sexual misconduct...
CBI apology is too little too late, says Baroness Morrissey
...By Dearbail JordanBusiness reporter, BBC NewsBaroness Morrissey has said an apology by the Cbi for failing to fire people who sexually harassed female colleagues is " too little, too late"...
CBI rape allegations 'shocking' says Labour shadow minister
...Allegations of rape and sexual assault at the Cbi are " absolutely shocking" a Labour shadow minister said as firms continue to cut ties with the lobby group...
Coronavirus: wage subsidy scheme extended into June
... Cbi Director-General Carolyn Fairbairn earlier warned that more layoffs would occur if the policy was not extended jobs The Confederation for British Industry (Cbi) welcomed the salary-grant extension after repeated warning, that many companies could begin to cut staff without...
CBI rape allegations 'shocking' says Labour shadow minister
Allegations of rape and sexual assault at the Cbi are " absolutely shocking" a Labour shadow minister Said as firms continue to cut ties with the lobby group.
Dozens of firms have Said they are leaving The Group or pausing their membership due to the allegations.
The Cbi has Said it is suspending key activities Until June while it seeks to " refocus".
But some business leaders have Said the Cbi 's brand could be " beyond repair".
The lobbying group has been rocked by the allegations, with a Second Woman claiming she was raped by Cbi colleagues in a Guardian article on Friday.
The Police were investigating an alleged rape at a Cbi summer party in 2019 before The Guardian reported The Second incident. There have also been allegations of other sexual misconduct.
On Sunday, Labour's Shadow Work and pensions secretary Jonathan Ashworth stopped short of calling for The Group to be disbanded, instead saying it needed " root and branch" reform.
" The revelations, the stories, have just been absolutely shocking, haven't they? " He Said . " I feel for The People who have been victims. "
He added there are " clearly deep-rooted problems" at The Group and it needs a " root and branch review and reform process".
Both the government and the Labour Party have cut ties with the Cbi for now.
A waves of firms has withdrawn support from the lobbying group.
Firms that have quit include: John Lewis , BMW, Virgin Media O2, Vodafone, insurers Aviva, Zurich and Phoenix Group , banking firm Natwest, payments company Mastercard; B& Q owner Kingfisher; media firm ITV; insurance marketplace Lloyds of London; investment firm Schroders; auditor EY; catering giant Compass; consultants Accenture; and outsourcing giant Capita.
The Association of British Insurers and The British Insurance Brokers' Association have also left, as has Energy UK, which represents energy suppliers.
Organisations that have suspended membership include: pharmaceutical giants GSK and AstraZeneca; airports operator Heathrow; retailers Tesco, Sainsbury's, Asda, and Marks & Spencer; banking group Santander; National Grid, Octopus Energy and Scottish Power ; drinks giant Diageo; Rolls Royce; Unilever; BT; property company British Land ; accountancy giant PwC; Manpower Group; British Beer and Pub Association; Shell and BP; Nissan; Royal Mail ; Uber; Facebook owner Meta; Paddy Power owner Flutter Entertainment ; Nurofen maker Reckitt; British American Tobacco; and FTSE 100 hotel group IHG which owns Holiday Inn .
The Cbi - which employs More Than 300 People - Said on Friday it would suspend key activities and launch a review of its future role.
Andy Wood , The Boss of brewer Adnams, told The Bbc on Saturday the Cbi brand was probably " beyond repair" and it would have to " reinvent itself root and branch".
Related TopicsSource of news: bbc.com
