Members of the Confederation of British Industry (CBI) – which calls itself “the voice of business” in Britain – have voted on a revamp of the organisation following allegations of misconduct, sexual harassment and rape in recent months. The City of London police is also investigating the reported misconduct.
The business lobby group that represents 190,000 companies, which fund its operations has seen an outflow of big name members including John Lewis, BMW, Virgin Media, O2, Aviva and Mastercard following these allegations. Both the government and the Labour party have also severed ties with the organisation. This leaves its future representing business interests to politicians very much in doubt.
A rival group from the British Chambers of Commerce has already stepped forward to “design and drive the future of the British economy”. It has attracted members including BP and Heathrow Airport.