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| CBI: Scandal-hit business group wins survival vote | CBI: Scandal-hit business group wins survival vote |
| (32 minutes later) | |
| CBI head Rain Newton-Smith said the result was an "important milestone" | CBI head Rain Newton-Smith said the result was an "important milestone" |
| Business lobby group the CBI has won a key confidence vote over its future after members gave their backing following a series of scandals. | Business lobby group the CBI has won a key confidence vote over its future after members gave their backing following a series of scandals. |
| The CBI said that 93% of those members who voted backed proposals set out to reform the organisation. | The CBI said that 93% of those members who voted backed proposals set out to reform the organisation. |
| In total, 371 members voted. The CBI says on its website it has 700 member organisations but it is not clear if that is a current figure. | |
| It is not yet clear if the government will re-engage with the lobby group. | It is not yet clear if the government will re-engage with the lobby group. |
| The CBI's core function is to speak to the government on behalf of thousands of UK businesses. | The CBI's core function is to speak to the government on behalf of thousands of UK businesses. |
| The government paused any activity with the CBI following allegations of sexual misconduct at the group which were revealed in the Guardian newspaper. | The government paused any activity with the CBI following allegations of sexual misconduct at the group which were revealed in the Guardian newspaper. |
| A number of companies suspended their membership of the CBI but were allowed to take part in Tuesday's vote. | A number of companies suspended their membership of the CBI but were allowed to take part in Tuesday's vote. |
| However some, such as BT, said they would not vote on Tuesday. | However some, such as BT, said they would not vote on Tuesday. |
| While the CBI claims to speak for 190,000 firms, not all of these are direct members - the number of which is thought to be substantially smaller. | |
| The lobby group works with trade associations which represent thousands of firms, such as the National Farmers' Union which has 50,000 members. | |
| At Tuesday's vote, each member had one vote each regardless of size. That means that a trade association that might represent thousands of companies had one vote. | |
| Following the result of the ballot, Rain Newton-Smith, director general of the CBI, said: "After an incredibly tough period, I'm deeply grateful for the faith shown in us by our members. | |
| "We've made real progress in implementing the top-to-bottom programme of change promised by the board and, while there remains work to do, today's result represents an important milestone on that journey." | "We've made real progress in implementing the top-to-bottom programme of change promised by the board and, while there remains work to do, today's result represents an important milestone on that journey." |
| Although the CBI has won the backing of its remaining members, a recent exodus of fee-paying companies is already affecting the organisation. | Although the CBI has won the backing of its remaining members, a recent exodus of fee-paying companies is already affecting the organisation. |
| It recently said it would have to make job cuts in order to slash its wage bill by a third. In its most recent public accounts, for 2021, the CBI reported income of £25m, of which £22m came from membership fees. | |
| That is expected to fall for the current financial year following the number of companies who have quit the lobby group or let their memberships lapse. | |
| The CBI employs about 250 people in the UK and has offices overseas. | The CBI employs about 250 people in the UK and has offices overseas. |
| Related Topics | Related Topics |
| CBI | CBI |