New business group launched to rival CBI ahead of crunch vote - News Summed Up

New business group launched to rival CBI ahead of crunch vote


A new business group has been launched with corporate giants such as BP and Heathrow among its members ahead of a D-Day crunch vote on the future of the scandal-hit Confederation of British Industry (CBI). Aviva was the first major business to cut ties with the group, with dozens of the biggest names in British business soon following suit. Baroness Lane Fox told Times Radio that business needs to be represented “coherently and well”. “We need to make sure the needs of business people are represented – not because of corporate greed – 30% of people in this country work in business. “We must make sure, whatever happens to the CBI, the BCC continues to represent business coherently and well.”


Source: The Times June 05, 2023 11:17 UTC



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