UK big business is watching CBI crisis closely after 'deeply concerning' allegations

Some of the UK's biggest and best-known businesses say they are closely watching the unfolding crisis at the CBI.

Sky News contacted more than 30 FTSE 100 and FTSE 250 companies on Thursday and found that many of those who are CBI members are keeping their membership - for now. It comes after a number of allegations of sexual misconduct were revealed by a national newspaper at the beginning of this week, prompting senior politicians such as Business Secretary Kemi Badenoch to pull out of events involving the organisation.

A Rolls-Royce spokesperson described the allegations as"deeply concerning" and told Sky News:"We expect the CBI to thoroughly investigate and take real action on any findings from that investigation.The CBI has commissioned an independent investigation by law firm Fox Williams to look at all of the allegations, and it expects initial findings to be presented soon after the Easter break.

Among the allegations is one of rape at the CBI's summer boat party in 2019, as well as claims of attempted sexual assault at the same party.

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