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The Latest Breaking News from the Confederation of British Industry

UK Unemployment Set to Reach Highest Level Since 2015 as Iran Conflict Adds Pressure to Economy

The Confederation of British Industry forecasts UK unemployment to rise to 5.5%, the highest since 2015, due to rising costs, weaker growth, and global instability.

International Business Times UK

Growth to slow and unemployment to jump to two million, says CBI

The Confederation of British Industry warned that around 200,000 more Britons were on track to become unemployed.

The Independent UK

Rachel Reeves warned not to rely on business taxes to fill Budget black hole

The Confederation of British Industry said the Government ‘cannot pull the business tax lever once again to balance the books’.

Evening Standard

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UK economic growth downgraded in blow to Rachel Reeves

The Confederation of British Industry said rising costs are set to dampen the government’s growth ambitions

The Independent UK

British economy heading for ‘worst of all worlds’, business leaders warn over Labour Budget

After Rachel Reeves’s controversial Budget, the Confederation of British Industry warns the economy is ‘headed for the worst of all worlds’

The Independent UK

Defiant Reeves to tell firms ‘we had no choice’ amid fierce Budget backlash

CBI boss will say measures announced by government have made it harder for firms to ‘take a chance’ on hiring new people

The Independent UK

CBI seeks £3m from members within days to avoid financial oblivion

Scandal-hit business lobby group reportedly issues appeal for financial help shortly before annual meeting

The Guardian - UK

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CBI to step back early from top firms’ boardroom diversity initiative

High-profile companies reportedly discussed cutting ties with the business lobby group

The Guardian - UK

CBI: organisations that want to end workplace harassment must start by addressing power imbalances

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 Conversation

Scandal-hit CBI backed by 93% of members in crucial vote on its future

New CBI director general Rain Newton-Smith said: “I’m confident and determined this will be a turning point for us. “

Evening Standard

‘The leadership have to own it’: top women in business on the CBI’s future

Five prominent figures on whether they think the lobby group can win back support after sexual misconduct allegations

The Guardian - UK

CBI to lay off swathe of workers in attempt to cut wage bill by a third

Business lobby group says it must make ‘difficult decisions’ amid crisis prompted by sexual misconduct allegations

The Guardian - UK

Tesco chairman QUITS after claims of 'inappropriate' behaviour towards woman

Tesco said it made "no findings of wrongdoing" against John Allan, but the chairman, who has been president and vice president of the Confederation of British Industry, is stepping down

Daily Mirror

New boss of CBI won’t save the organisation, say critics

The new director general of the Confederation of British Industry starts work today, promising to “rebuild and remimagine” the scandal-hit lobby group as it fights for survival amid allegations of rape and sexual misconduct.

Evening Standard

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Evening Standard

City of London corporation suspends CBI membership after sexual misconduct scandal

The City of London corporation has formally suspended its membership with the Confederation of British Industry (CBI) in the wake of sexual misconduct allegations.

The Guardian - UK

CBI scandal could deter women from joining City, top financier tells Sunak

Jeremy Hunt says government will not wait for CBI crisis to abate before engaging with businesses

The Guardian - UK

CBI brand is broken ‘beyond repair’ by sex attack and misconduct claims

As exodus of members continues, business chiefs say the lobby group ‘has run its course’ and ‘needs a total rethink’

Evening Standard

Sacked CBI boss Tony Danker says reputation ‘totally destroyed’

Tony Danker said his name had been wrongly associated with separate claims and that he had been made the ‘fall guy’ by CBI

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The Guardian - UK

CBI needs an outsider to lead it through crisis, says former director

Andrew Sentance says lobby group needs ‘major shake-up’ as insurance brokers’ body quits membership

The Guardian - UK

There’s good reason why strong female role models deter other women from aiming for the top

When those who reach the highest office suffer such brutal misogyny, is it any wonder that breaking the glass ceiling doesn’t look like much fun?

The Week

CBI boss Tony Danker sacked amid misconduct probe

The director-general of the Confederation of British Industry (CBI), Tony Danker, has been dismissed with immediate effect following an independent investigation into allegations of misconduct at the business lobbying group.

The National (Scotland)

Boss of CBI sacked after sexual misconduct allegations

THE Confederation of British Industry (CBI) has sacked boss Tony Danker and suspended three other employees after a series of misconduct allegations…

The Guardian - UK

CBI dismisses director general Tony Danker after conduct complaints

UK business lobby group says conduct ‘fell short of that expected’ of its leader

The Independent UK

CBI boss Tony Danker ‘shocked’ at sacking after misconduct allegations

The CBI said it had taken the decision following an independent investigation

The Guardian - UK

What do the allegations published by the Guardian mean for the CBI?

Allegations of misconduct by senior managers leave questions for employers’ organisation

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