London Daily

Focus on the big picture.
Wednesday, Dec 10, 2025

CBI business lobby group is finished, says City boss

CBI business lobby group is finished, says City boss

City boss Helena Morrissey has agreed that the CBI is "finished" after it admitted failing to fire staff who sexually harassed female workers.

The lobby group has now dismissed a number of people after a series of allegations including two rapes.

But Baroness Morrissey, a well-known City fund manager who currently chairs investment firm AJ Bell, said the actions were "too little, too late".

CBI president Brian McBride has acknowledged it needs to rebuild trust.

There has been a mass exodus of members, with household names quitting the group including John Lewis, BMW, Virgin Media O2, insurers Aviva, Zurich and Phoenix Group, banking firm Natwest, credit card company Mastercard; B&Q owner Kingfisher and media firm ITV.

Other firms have said they are "pausing" their engagement with the lobby group while many more called by the BBC are yet to comment on their standing with the organisation.

Asked on the BBC's Today programme whether she thought the CBI as an organisation is finished, she said: "I do I'm afraid."

"They've left it too little too late and I think that losing trust is so quick, easy to do and then regaining it is so difficult."

Baroness Morrissey, who campaigns for female inclusion within company management, also criticised firms who have yet to publicly leave the CBI.

"I don't quite understand why people don't come out and say: 'We're going to join those who have decided to leave and we'll work out what we're going to do in replacement of the CBI', because I feel they will be on the wrong side of history," she added.

On Monday, the CBI detailed the actions it was taking to rebuild trust in the group after a report from an independent law firm found it had hired "toxic" staff and allowed a "very small minority" of staff to believe they could get away with harassment or violence against women.

The CBI has been engulfed in crisis since the Guardian published claims of workplace misconduct, harassment and serious sexual assault including two allegations of rape.

The City of London Police is investigating both allegations of rape.

Speaking to the BBC on Monday, Mr McBride said that the CBI would now be adopting a "zero tolerance culture".

But Andy Wood, chief executive of brewing company Adnams, which has cancelled its membership of the CBI, said he had not heard anything so far that "reassures me that I should become a member of the CBI again".

He said he was not sure if the group was "salvageable".

"Zero tolerance of bullying and sexual harassment - that has to be a given in a modern organisation," Mr Wood said.

"It just shows really how archaic the CBI was behind the scenes," he said.

But Michael Plaut, the former chairman of CBI Wales, said: "I just think nobody gains if we simply cancel the CBI. Letting the CBI die is really easy.

"I think we just need, as members, to get our hands dirty and rebuild this organisation, build it so it's kind of a model organisation for the 21st Century."


What is the CBI?


The CBI - the Confederation of British Industry - is an organisation which speaks to the government on behalf of around 190,000 businesses. These firms employ millions of people.

It is one of the UK's most prominent lobby groups and, according to its former president Paul Drechsler, was instrumental in protecting millions of jobs during the Covid pandemic by helping the rapid roll-out of the furlough scheme.

The CBI campaigned against Brexit. Once the UK voted to leave the European Union, it lobbied the government to secure a trade and co-operation agreement.

Another function of the CBI is to promote and share best practice among its members. Founded in 1965, today it employs around 300 people. Its director generals have been predominately male with the exception of Dame Carolyn Fairbairn, who led the group between 2015 and 2020. It has appointed its former chief economist, Rain Newton-Smith, as the new director general to take over from Tony Danker who was fired in April over separate complaints of workplace misconduct.

Rolls-Royce, the engineering giant, Diageo, owner of alcoholic drink brands such as Guinness and accountancy group PwC confirmed that they are continuing to pause engagement with the organisation.

As well as having offices across the UK, the CBI has overseas sites in Washington DC, Brussels, India and China.

Baroness Lane-Fox, president of the British Chambers of Commerce, said: "Who couldn't have massive empathy for the poor people that are working in the CBI right now? It has been an absolute rollercoaster."

The government had already decided to pause any activity with the lobby group, but on Monday, Chancellor Jeremy Hunt said there was "no point" engaging with the CBI when its own members had deserted them.

Newsletter

Related Articles

0:00
0:00
Close
UK Officials Push Back at Trump Saying European Leaders ‘Talk Too Much’ About Ukraine
UK Warns of Escalating Cyber Assault Linked to Putin’s State-Backed Operations
UK Consumer Spending Falters in November as Households Hold Back Ahead of Budget
UK Orders Fresh Review of Prince Harry’s Security Status After Formal Request
U.S. Authorises Nvidia to Sell H200 AI Chips to China Under Security Controls
Trump in Direct Assault: European Leaders Are Weak, Immigration a Disaster. Russia Is Strong and Big — and Will Win
"App recommendation" or disguised advertisement? ChatGPT Premium users are furious
"The Great Filtering": Australia Blocks Hundreds of Thousands of Minors From Social Networks
Mark Zuckerberg Pulls Back From Metaverse After $70 Billion Loss as Meta Shifts Priorities to AI
Nvidia CEO Says U.S. Data-Center Builds Take Years while China ‘Builds a Hospital in a Weekend’
Indian Airports in Turmoil as IndiGo Cancels Over a Thousand Flights, Stranding Thousands
Hollywood Industry on Edge as Netflix Secures Near-$60 Bln Loan for Warner Bros Takeover
Drugs and Assassinations: The Connection Between the Italian Mafia and Football Ultras
Hollywood megadeal: Netflix acquires Warner Bros. Discovery for 83 billion dollars
The Disregard for a Europe ‘in Danger of Erasure,’ the Shift Toward Russia: Trump’s Strategic Policy Document
Two and a Half Weeks After the Major Outage: A Cloudflare Malfunction Brings Down Multiple Sites
UK data-regulator demands urgent clarity on racial bias in police facial-recognition systems
Labour Uses Biscuits to Explain UK Debt — MPs Lean Into Social Media to Reach New Audiences
German President Lays Wreath at Coventry as UK-Germany Reaffirm Unity Against Russia’s Threat
UK Inquiry Finds Putin ‘Morally Responsible’ for 2018 Novichok Death — London Imposes Broad Sanctions on GRU
India backs down on plan to mandate government “Sanchar Saathi” app on all smartphones
King Charles Welcomes German President Steinmeier to UK in First State Visit by Berlin in 27 Years
UK Plans Major Cutback to Jury Trials as Crown Court Backlog Nears 80,000
UK Government to Significantly Limit Jury Trials in England and Wales
U.S. and U.K. Seal Drug-Pricing Deal: Britain Agrees to Pay More, U.S. Lifts Tariffs
UK Postpones Decision Yet Again on China’s Proposed Mega-Embassy in London
Head of UK Budget Watchdog Resigns After Premature Leak of Reeves’ Budget Report
Car-sharing giant Zipcar to exit UK market by end of 2025
Reports of Widespread Drone Deployment Raise Privacy and Security Questions in the UK
UK Signals Security Concerns Over China While Pursuing Stronger Trade Links
Google warns of AI “irrationality” just as Gemini 3 launch rattles markets
Top Consultancies Freeze Starting Salaries as AI Threatens ‘Pyramid’ Model
Macron Says Washington Pressuring EU to Delay Enforcement of Digital-Regulation Probes Against Meta, TikTok and X
UK’s DragonFire Laser Downs High-Speed Drones as £316m Deal Speeds Naval Deployment
UK Chancellor Rejects Claims She Misled Public on Fiscal Outlook Ahead of Budget
Starmer Defends Autumn Budget as Finance Chief Faces Accusations of Misleading Public Finances
EU Firms Struggle with 3,000-Hour Paperwork Load — While Automakers Fear De Facto 2030 Petrol Car Ban
White House launches ‘Hall of Shame’ site to publicly condemn media outlets for alleged bias
UK Budget’s New EV Mileage Tax Undercuts Case for Plug-In Hybrids
UK Government Launches National Inquiry into ‘Grooming Gangs’ After US Warning and Rising Public Outcry
Taylor Swift Extends U.K. Chart Reign as ‘The Fate of Ophelia’ Hits Six Weeks at No. 1
250 Still Missing in the Massive Fire, 94 Killed. One Day After the Disaster: Survivor Rescued on the 16th Floor
Trump: National Guard Soldier Who Was Shot in Washington Has Died; Second Soldier Fighting for His Life
UK Chancellor Reeves Defends Tax Rises as Essential to Reduce Child Poverty and Stabilise Public Finances
No Evidence Found for Claim That UK Schools Are Shifting to Teaching American English
European Powers Urge Israel to Halt West Bank Settler Violence Amid Surge in Attacks
"I Would Have Given Her a Kidney": She Lent Bezos’s Ex-Wife $1,000 — and Received Millions in Return
European States Approve First-ever Military-Grade Surveillance Network via ESA
UK to Slash Key Pension Tax Perk, Targeting High Earners Under New Budget
UK Government Announces £150 Annual Cut to Household Energy Bills Through Levy Reforms
×