London Daily

Focus on the big picture.
Wednesday, Dec 31, 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
No UK Curfew Ordered as Deepfake TikTok Falsely Attributes Decree to Prime Minister Starmer
Europe’s Largest Defence Groups Set to Return Nearly Five Billion Dollars to Shareholders in Twenty Twenty-Five
Abu Dhabi ‘Capital of Capital’: How Abu Dhabi Rose as a Sovereign Wealth Power
Diamonds Are Powering a New Quantum Revolution
Trump Threatens Strikes Against Iran if Nuclear Programme Is Restarted
Apple Escalates Legal Fight by Appealing £1.5 Billion UK Ruling Over App Store Fees
UK Debt Levels Sit Mid-Range Among Advanced Economies Despite Rising Pressures
UK Plans Royal Diplomacy with King Charles and Prince William to Reinvigorate Trade Talks with US
King Charles and Prince William Poised for Separate 2026 US Visits to Reinforce UK-US Trade and Diplomatic Ties
Apple Moves to Appeal UK Ruling Ordering £1.5 Billion in Customer Overcharge Damages
King Charles’s 2025 Christmas Message Tops UK Television Ratings on Christmas Day
The Battle Over the Internet Explodes: The United States Bars European Officials and Ignites a Diplomatic Crisis
Princesses Beatrice and Eugenie Join Royal Family at Sandringham Christmas Service
Fine Wine Investors Find Little Cheer in Third Year of Falls
UK Mortgage Rates Edge Lower as Bank of England Base Rate Cut Filters Through Lending Market
U.S. Supermarket Gives Customers Free Groceries for Christmas After Computer Glitch
Air India ‘Finds’ a Plane That Vanished 13 Years Ago
Caviar and Foie Gras? China Is Becoming a Luxury Food Powerhouse
Hong Kong Climbs to Second Globally in 2025 Tourism Rankings Behind Bangkok
From Sunniest Year on Record to Terror Plots and Sports Triumphs: The UK’s Defining Stories of 2025
Greta Thunberg Released on Bail After Arrest at London Pro-Palestinian Demonstration
Banksy Unveils New Winter Mural in London Amid Festive Season Excitement
UK Households Face Rising Financial Strain as Tax Increases Bite and Growth Loses Momentum
UK Government Approves Universal Studios Theme Park in Bedford Poised to Rival Disneyland Paris
UK Gambling Shares Slide as Traders Respond to Steep Tax Rises and Sector Uncertainty
Starmer and Trump Coordinate on Ukraine Peace Efforts in Latest Diplomatic Call
The Pilot Barricaded Himself in the Cockpit and Refused to Take Off: "We Are Not Leaving Until I Receive My Salary"
UK Fashion Label LK Bennett Pursues Accelerated Sale Amid Financial Struggles
U.S. Government Warns UK Over Free Speech in Pro-Life Campaigner Prosecution
Newly Released Files Shed Light on Jeffrey Epstein’s Extensive Links to the United Kingdom
Prince William and Prince George Volunteer Together at UK Homelessness Charity
UK Police Arrest Protesters Chanting ‘Globalise the Intifada’ as Authorities Recalibrate Free Speech Enforcement
Scambodia: The World Owes Thailand’s Military a Profound Debt of Gratitude
Women in Partial Nudity — and Bill Clinton in a Dress and Heels: The Images Revealed in the “Epstein Files”
US Envoy Witkoff to Convene Security Advisers from Ukraine, UK, France and Germany in Miami as Peace Efforts Intensify
UK Retailers Report Sharp Pre-Christmas Sales Decline and Weak Outlook, CBI Survey Shows
UK Government Rejects Use of Frozen Russian Assets to Fund Aid for Ukraine
UK Financial Conduct Authority Opens Formal Investigation into WH Smith After Accounting Errors
UK Issues Final Ultimatum to Roman Abramovich Over £2.5bn Chelsea Sale Funds for Ukraine
Rare Pink Fog Sweeps Across Parts of the UK as Met Office Warns of Poor Visibility
UK Police Pledge ‘More Assertive’ Enforcement to Tackle Antisemitism at Protests
UK Police Warn They Will Arrest Protesters Chanting ‘Globalise the Intifada’
Trump Files $10 Billion Defamation Lawsuit Against BBC as Broadcaster Pledges Legal Defence
UK Says U.S. Tech Deal Talks Still Active Despite Washington’s Suspension of Prosperity Pact
UK Mortgage Rules to Give Greater Flexibility to Borrowers With Irregular Incomes
UK Treasury Moves to Position Britain as Leading Global Hub for Crypto Firms
U.S. Freezes £31 Billion Tech Prosperity Deal With Britain Amid Trade Dispute
Prince Harry and Meghan’s Potential UK Return Gains New Momentum Amid Security Review and Royal Dialogue
Zelensky Opens High-Stakes Peace Talks in Berlin with Trump Envoy and European Leaders
Historical Reflections on Press Freedom Emerge Amid Debate Over Trump’s Media Policies
×