London Daily

Focus on the big picture.
Friday, Sep 11, 2026

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
English Councils to Gain Power to Introduce Tourist Taxes by 2028
Kemi Badenoch Reshuffles Conservative Shadow Cabinet
Firefighters Make Progress Containing Major Wildfires in South Wales
John Lewis Partnership Reports £124 Million Loss
Study Says UK AI Data Centres Will Create Only a Quarter of Forecast Jobs
UK Government Considers Higher Industrial Water Prices Amid Supply Pressures
Andy Burnham Holds First Call With Donald Trump as UK Prime Minister
NHS Records Busiest Summer on Record as Heatwaves Drive Hospital Admissions
Home Secretary Orders Police Crackdown on Far-Right Anti-Migrant Vigilantes
UK Supreme Court Rules Northern Ireland Religious Education Curriculum Breaches Human Rights Standards
Markets Price in Four Bank of England Rate Rises by Next Summer
House of Commons Prepares Free Vote on Assisted Dying Bill
UK Government Bans Trade With Israeli Settlements in Occupied Territories
UK Economy Grows 0.4% in July as Artificial Intelligence Investment Supports Expansion
Andy Burnham Becomes UK Prime Minister After Keir Starmer Resigns
John Lewis Partnership Loss Widens to £124 Million
UK Government to Put White Working-Class Social Mobility at Centre of Equality Policy
McLaren Plans £450 Million Technology Investment Creating 1,000 UK Jobs
UK Chancellor Faces Calls for Wealth Taxes and Public Ownership in Autumn Budget
English Mayors to Gain Powers to Impose Uncapped Overnight Tourist Taxes
JPMorgan’s Jamie Dimon Warns UK Government Against Bank Windfall Taxes
UK Air Traffic Control Outage Cancels More Than 2,000 Flights
UK Imposes Trade Ban on Israeli Settlements in the West Bank
UK Borrowing Costs Surge as Middle East Tensions Push Long-Term Gilt Yields to Highest Since 1998
Buckingham Palace Says Prince Harry and Meghan Will Not Resume Official Royal Duties
UK Treasury Faces Calls to Scrap £100,000 Childcare Support Threshold
Trades Union Congress Urges Labour Government to Rewrite Migration Policy
Riot Police Deployed After Anti-Migrant Protests Turn Violent in Portsmouth
UK Considers Replacing Some Disability Cash Payments With Direct Services
JPMorgan’s Jamie Dimon Warns UK Chancellor Against Higher Banking Taxes
UK Announces New Sanctions Targeting Israeli Settlements in West Bank
Metropolitan Police Investigate Alleged Illegal Donations to Reform UK
UK Charges Wiltshire Man With Assisting Russian Intelligence
UK Orders Urgent Review After Air Traffic Failure Cancels More Than 2,000 Flights
Merz Rebukes AfD Expansion in Saxony-Anhalt
King Charles Confirms Prince Harry and Meghan Will Remain Private Citizens
Labour Selects Former Child Refugee for By-Election in Keir Starmer’s Former Seat
Foreign Private Equity Accelerates Takeovers of London-Listed Industrial Companies
NHS Maternity Care Faces Scrutiny Over Support for Mothers After Caesarean Births
BBC Warns Staff Strikes Are Likely Amid Job Cuts and Programme Cancellations
English Housing Affordability Improves to Best Level in More Than a Decade
UK Health Commission Proposes Framework for Wider AI Adoption Across NHS
Labour Faces Pressure for Wealth Tax Ahead of Autumn Budget
Metropolitan Police Open Criminal Investigation Into Alleged Foreign Donations to Reform UK
UK Police Deploy Riot Officers After Anti-Immigration Unrest in Portsmouth and Dover
UK Defends Sanctions on Israeli Settlements Despite Diplomatic Retaliation
UK Air Traffic Control Failure Cancels More Than 1,000 Flights and Disrupts 65,000 Passengers
Compass Urges £10 Million Wealth Tax and Public Ownership Ahead of UK Autumn Budget
UK Government’s Devolution Plans Face House of Lords Scrutiny
Maldives Seeks New Chagos Sovereignty Talks With UK Prime Minister Andy Burnham
×