Confederation of British Industry

The CBI employs about 300 staff and is reportedly expected to offer voluntary redundancy in a bid to cut jobs.

Scandal-hit UK business lobby plans job cuts

Britain’s biggest business lobby group on Friday (Jun 2) confirmed plans to cut jobs after allegations of sexual harassment triggered an exodus of members.

The EGM will hold a vote on a resolution which calls on remaining members to put their confidence in CBI proposals to reform its “governance, culture, and purpose”.

International

Scandal-hit UK business lobby outlines survival plan

Britain’s biggest business lobby group on Wednesday (May 31) pledged a significant shakeup following allegations of sexual harassment by staff that could reportedly cause it to fold.

Tesco said John Allan “strongly denies” an allegation that he touched a senior female Tesco employee’s bottom at a group annual shareholder meeting in 2022.

Companies & Markets

Tesco chairman accused of inappropriate behaviour

The Guardian newspaper reported on Tuesday (May 9) that John Allan, the chairman of Britain’s biggest retailer Tesco, was facing claims of inappropriate behaviour from four women.

The CBI, which says it represents 190,000 businesses including many of Britain’s biggest companies, could face a battle for survival as the number of companies cutting ties with it grows.

International

Major companies quit CBI as crisis at UK lobby group deepens

MAJOR British corporate names NatWest, John Lewis and Virgin Media O2 quit the Confederation of British Industry (CBI) on Friday (Apr 21) as a fresh media report about rape allegations deepened a cris...

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