Some of the UK’s biggest banks, retailers and telecommunications companies have been invited to join a new business lobby group being set up following the exodus from the Confederation of British Industry, Sky News’s City editor Mark Kleinman reported on Saturday.
(Bloomberg) — Some of the UK’s biggest banks, retailers and telecommunications companies have been invited to join a new business lobby group being set up following the exodus from the Confederation of British Industry, Sky News’s City editor Mark Kleinman reported on Saturday.
BizUK, an emergency body being created by public affairs firm WPI Strategy after discussions with Conservative and Labour Party officials, would support the representation of business to the main political parties as they prepare for a general election due by January 2025, according to the report, which cited a letter by WPI’s director Nick Faith to FTSE 100 companies.
Faith declined to comment to Sky, which said BizUK will be a temporary body and isn’t trying to replace CBI.
CBI, the UK’s main business lobby group, has suspended large parts of its operations after dozens of major companies resigned from the organization following new allegations of sexual assault among its staff.
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