A Confederation of British Industry logo is seen during their annual conference in London, Britain November 9, 2015. REUTERS/Toby Melville/File Photountil June after a slew of businesses quit following staff complaints about workplace misconduct and allegations of rape by two women.Founded in 1965, the CBI is Britain's top business lobby group.
According to its latest published accounts, the CBI's total income in 2021 was 25 million pounds , of which the bulk - 22.2 million pounds - came from membership income. It also receives commercial income from running events, leadership programmes, surveys, data licensing and consultancy work.The CBI has a strong presence in the British media and has the ear of cabinet ministers, often trumpeting its success in lobbying the government over policy.
Its annual conference is usually addressed by senior politicians, with both Prime Minister Rishi Sunak and the leader of the main opposition Labour Party, Keir Starmer, speaking at the 2022 event in November. The Guardian on Friday also reported allegations by a second woman that she had been raped by two CBI colleagues when she was employed at one of the group's overseas offices. It also said another woman working for the CBI in London was stalked by a colleague in 2018 and discouraged from reporting him to police.
Others, such as retailers Tesco, Sainsbury's and Marks & Spencer as well as engineering company Rolls-Royce and bank Santander said they were pausing or suspending their ties.CAN IT SURVIVE?