Freeports in Wales shouldn’t be cynically viewed as just a “rearranging of the deck chairs” exercise by taking jobs and investment from elsewhere while any prospect of the UK rejoining the EU or single market will not emerge for at least five years, says the president of the CBI Brian McBride.
The former chief executive in the UK for e-commerce giant Amazon and chair of online fashion brand Asos was speaking before the employers organisation last week sacked its director-general Tony Danker with immediate effect - replacing him with former chief economist Rain Newton-Smith - for inappropriate workplace behaviour. It has also suspended three other employees pending further investigation including claims of rape. The future of the CBI has even been questioned.
However, he has since said: “The first thing I want to say is really a deep apology on behalf of me and the CBI for what’s happened and to the people who were involved in this.”