A slew of top firms have quit or suspended engagement with the CBI today after the lobby group was rocked by new allegations of sexual abuse.
The exodus began with the withdrawal of insurance giant Aviva this morning and a host of top firms and business bodies have since exited or paused engagement.
The mass withdrawal follows new allegations published in the Guardian that another member of staff was raped while working at one of the CBI’s overseas offices.
Marks and Spencer has become the latest retailer to suspend its membership with the Confederation of British Industry.
An M&S spokesperson said: “We have paused our membership of the CBI while these allegations are investigated.”
Meanwhile Kingfisher, which owns B&Q and Screwfix, said it was ending its involvement with the CBI.A Kingfisher spokesperson said: “Given the very serious and ongoing further allegations, we have taken the decision to end our CBI membership today.”
Facebook owner Meta also said it was “pausing engagement with the CBI” while the investigation into the allegations of sexual misconduct is ongoing.
ScottishPower also said it was pausing its membership with the Confederation of British Industry following a second rape allegation from a woman working for the business group.A spokesperson said: “We are deeply concerned about these extremely serious allegations and are pausing our membership with the CBI with immediate effect.”
The British Beer and Pub Association said it was suspending its membership of the Confederation of British Industry amid allegations of sexual misconduct against staff at the trade body.The statement said: “Following the multiple allegations made against the CBI we have today suspended our membership.”
Which firms have quit the group so far?
- Association of British Insurers
- John Lewis
- Virgin Media O2
Among the firms reported to have paused engagement with the CBI are:
- British Beer and Pub Association
- JP Morgan
- Lloyds Banking Group
- Marks and Spencer
- Morgan Stanley
- National Grid
- Reckitt Benckiser
- Scottish Power
This story is being updated.