CBI: New boss Rain Newton Smith doesn’t take crisis-hit group’s future ‘for granted’ May 12, 2023 The new head of the crisis-hit CBI, Rain Newton Smith, has said she does not take the future of the group “for granted” and warned the task of winning back trust from businesses is “as big as it is urgent”. Newton Smith, who was parachuted in to head Britain’s biggest business group last month, made [...]
Tesco chairman accused of inappropriate behaviour, Guardian reports May 9, 2023 The Tesco chairman John Allan has been accused of alleged inappropriate behaviour relating to four women, according to reports in the Guardian. Allan, the newspaper claims, allegedly touched the bottom of a senior female Tesco staff member in June 2022, at the firm’s annual general meeting (AGM). He also allegedly touched the bottom of a [...]
CBI to be renamed in bid to rebuild after sexual misconduct scandal, new boss says April 27, 2023 The new boss of the Confederation of British Industry (CBI) has said that the scandal-hit business lobby group would likely be renamed as the organisation looks to rebuild after a sexual misconduct scandal. In the last week, there has been a mass exodus of businesses from the CBI, including prominent groups such as John Lewis, [...]
New CBI boss determined to rebuild group and ‘win back trust’ after sexual misconduct scandal April 26, 2023 The new boss of the CBI has pledged to “rebuild and reimagine” the crisis-hit organisation and “win back trust” as the group continues to deal with an ongoing sexual misconduct scandal. Rain Newton-Smith, the new director-general of the Confederation of British Industry (CBI), today apologised to the women who made allegations of sexual harassment, assault [...]
CBI crisis: City of London Corporation latest to quit over allegations of sexual misconduct April 26, 2023 The City of London Corporation has become the latest organisation to suspend its membership of the Confederation of British Industry (CBI) following allegations of sexual misconduct. The governing body, based in the Square Mile in London, strongly condemned the alleged culture of abuse at the business group. The CBI announced yesterday it had dismissed “a [...]
Is the CBI is “finished”? City grandee and AJ Bell chair Baroness Morrissey says so April 25, 2023 The crisis-hit CBI is “finished” after the organisation admitted it failed to sack workers who sexually harassed female colleagues, City boss Baroness Helena Morrissey has said. Firms have deserted the Confederation of British Industry (CBI) in their droves after two rape allegations and a series of claims of a toxic work culture surfaced, reported by [...]
CBI admits group failed to root out ‘toxic’ workers amid sexual misconduct crisis April 24, 2023 The UK’s biggest business lobby group the Confederation of British Industry (CBI) has issued a last gasp plea to its members to give them “reason to consider trusting us again,” its president said in an open letter issued this evening. Brian McBride, president of the organisation, which was founded in the 1960s, admitted it had [...]
Who could take over from the CBI? April 24, 2023 Britain’s biggest business organisation, the CBI, has been engulfed by a toxic scandal which threatens to see it collapse. Allegations of rape, sexual attacks and harassment have seen the Confederation of British Industry’s (CBI) brand damaged “beyond repair”, according to one business leader. A flood of firms announced they were quitting the lobbying group, which [...]
Hunt for Britain’s next top lobby begins as CBI crumbles under scandal April 24, 2023 The hunt for the heir to the CBI’s throne has begun as industry chiefs begin casting around for Britain’s next top business lobby organisation. It comes as the “hopefully temporary” stand-in group BizUK emerged this weekend, in a bid to help steer political parties’ approach to industry ahead of the general election. City grandees suggested [...]
Aviva, Phoenix among top firms to quit CBI while as sexual misconduct scandal deepens April 21, 2023 A slew of top firms including Aviva and Phoenix have terminated membership of the CBI today after the business lobbying group was hit by new allegations of sexual abuse.