CITY AM – CBI IN CRISIS: Firms mull bailing out
CITYAM SAYS The Treasury has placed on pause all engagement with the CBI, Britain’s biggest business body, after a string of sexual misconduct allegations.
The CBI regularly meets with ministers to discuss economic policy and is regularly consulted by officials on changes to the business landscape.
However in light of allegations which have surfaced over the past 48 hours the Treasury has elected to “temporarily pause” all engagement.
On Monday the Guardian published allegations that up to twelve women had experienced what they have described as sexual misconduct.
That followed the CBI’s director general, Tony Danker, stepping aside when misconduct allegations were made against him earlier this year.
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