The Confederation of British Industry risks folding after claims that more than a dozen women were sexually harassed at the organisation and two others had been raped.
Rain-Smith, who has described the situation as a"really deep and painful crisis" for the CBI, will tell delegates she is"confident and determined this will be a turning point for us, the start of a new chapter, for a renewed CBI". The scandal comes as UK business looks for leadership during a cost-of-living crisis, with the country's elevated inflation cooling more slowly than expected."We have been talking to the nation's largest corporates and it has become clear to us that they are looking for a different kind of representation," said BCC director general Shevaun Haviland.But Newton-Smith will say a revamped CBI can still be a powerful driving force.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: News24 - 🏆 4. / 80 Read more »