London Daily

Focus on the big picture.
Saturday, Jun 21, 2025

City of London corporation suspends CBI membership after sexual misconduct scandal

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.
In a statement, the City said it “strongly condemned” the “culture of abuse” at the CBI after a series of claims of rape and sexual harassment at the under-pressure lobby group.

Earlier this month, the Guardian reported that it had spoken to more than a dozen women who claimed to be victims of sexual harassment while working at the CBI.

Two of these women say that they were raped.

The City of London Corporation said: “Following recent allegations of workplace misconduct and assault, the City of London Corporation has decided to suspend its membership with the CBI.

“The recent allegations have revealed a culture of abuse at the CBI that the City of London Corporation strongly condemns.

“The voice of business is an important one and we must ensure it is a voice that people and businesses can trust.”

The City of London Corporation is the governing body of London’s historic centre, which covers the majority of the capital’s financial sector.

It is responsible for local government services as well as supporting the financial industry.

Meanwhile, the CBI’s president Brian McBride on Tuesday confirmed that the firm had dismissed “a number of people” following allegations of sexual misconduct.

“In retrospect, we now know that we were complacent. And we made mistakes in how we organised the business that led to terrible consequences,” he said.

Mr McBride said that the group had not managed to filter out “culturally toxic people” when hiring.

“The group also did not act properly when allegations were made internally against these people,” he said.

“We tried to find resolution in sexual harassment cases when we should have removed those offenders from our business.

“In retrospect, this last point was our most grievous error, which led to a reluctance amongst women to formalise complaints.”

The CBI has in the past been a powerful voice for businesses across the UK, and claims to represent the interests of around 190,000 companies.
Newsletter

Related Articles

0:00
0:00
Close
Political Turmoil Resurfaces in Belgium Amid Economic Concerns
Fed policymakers divided on timing of interest rate cuts
Trump signals imminent agreement with Harvard University
Inheritance tax referendum alarms Swiss billionaire community
Japan cancels bilateral security meeting amid US defence demands
AI skeptic Emily Bender warns that ‘the emperor has no clothes’
Israel Confirms Assassination of Quds Force Commander in Tehran
16 Billion Login Credentials Leaked in Unprecedented Cybersecurity Breach
Senate hearing on who was 'really running' Biden White House kicks off
Iranian Military Officers Reportedly Seek Contact with Reza Pahlavi, Signal Intent to Defect
FBI and Senate Investigate Allegations of Chinese Plot to Influence the 2020 Election in Biden’s Favor Using Fake U.S. Driver’s Licenses
Vietnam Emerges as Luxury Yacht Destination for Ultra‑Rich
Plans to Sell Dutch Embassy in Bangkok Face Local Opposition
China's Iranian Oil Imports Face Disruption Amid Escalating Middle East Tensions
Trump's $5 Million 'Trump Card' Visa Program Draws Nearly 70,000 Applicants
DGCA Finds No Major Safety Concerns in Air India's Boeing 787 Fleet
Airlines Reroute Flights Amid Expanding Middle East Conflict Zones
Elon Musk's xAI Seeks $9.3 Billion in Funding Amid AI Expansion
Trump Demands Iran's Unconditional Surrender Amid Escalating Conflict
Israeli Airstrike Targets Iranian State TV in Central Tehran
President Trump is leaving the G7 summit early and has ordered the National Security Council to the Situation Room
Taiwan Imposes Export Ban on Chips to Huawei and SMIC
Israel has just announced plans to strike Tehran again, and in response, Trump has urged people to evacuate
Netanyahu Signals Potential Regime Change in Iran
Juncker Criticizes EU Inaction on Trump Tariffs
EU Proposes Ban on New Russian Gas Contracts
Analysts Warn Iran May Resort to Unconventional Warfare
Iranian Regime Faces Existential Threat Amid Conflict
Energy Infrastructure Becomes War Zone in Middle East
UK Home Secretary Apologizes Over Child Grooming Failures
Trump Organization Launches 5G Mobile Network and Golden Handset
Towcester Hosts 2025 English Greyhound Derby Amid Industry Scrutiny
Gary Oldman and David Beckham Knighted in King's Birthday Honours
Over 30,000 Lightning Strikes Recorded Across UK During Overnight Storms
Princess of Wales Returns to Public Duties at Trooping the Colour
Red Arrows Use Sustainable Fuel in Historic Trooping the Colour Flypast
Former Welsh First Minister Addresses Unionist Concerns Over Irish Language
Iran Signals Openness to Nuclear Negotiations Amid Ongoing Regional Tensions
France Bars Israeli Arms Companies from Paris Defense Expo
King Charles Leads Tribute to Air India Crash Victims at Trooping the Colour
Jack Pitchford Embarks on 200-Mile Walk to Support Stem Cell Charity
Surrey Hikers Take on Challenge of Climbing 11 Peaks in a Single Day
UK Deploys RAF Jets to Middle East Amid Israel-Iran Tensions
Two Skydivers Die in 'Tragic Accident' at Devon Airfield
Sainsbury's and Morrisons Accused of Displaying Prohibited Tobacco Ads
UK Launches National Inquiry into Grooming Gangs
Families Seek Closure After Air India Crash
Gold Emerges as Global Safe Haven Amid Uncertainty
Trump Reports $57 Million Earnings from Crypto Venture
Trump's Military Parade Sparks Concerns Over Authoritarianism
×