CBI on hunt for Soames successor Business The CBI has kicked off its hunt for a new chair to succeed Rupert Soames, the man credited with saving the lobby group from the brink of collapse. The UK’s business industry body has enlisted headhunters to help with the search for Soames’ successor in one of the most prominent roles in corporate Britain. Soames, [...]
Employment reforms “highly damaging” to investment, warns CBI chief Politics The government’s proposed reforms to employment law would be “highly damaging” to business investment in the UK, according to CBI president Rupert Soames. Writing in The Times, Soames argued that this week’s U-turns on more controversial aspects of the legislation – from changes to statutory sick pay, to tweaks to protections for agency workers and [...]
CBI chair Rupert Soames: Reeves has created a ‘hole in the trust of business’ Investing Rachel Reeves has created a “hole in the confidence and trust of business” by using the private sector to fill a £22bn hole in the government’s finances, the chair of the UK’s top business body has said. Rupert Soames, chair of the Confederation of British Industry, said the Chancellor had “bruised” British companies after rolling [...]