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Leaders with Francine Lacqua

What the CBI Scandal Says About British Business

Leaders with Francine Lacqua

Bloomberg

Management, Business, Careers, Entrepreneurship

4.664 Ratings

🗓️ 11 May 2023

⏱️ 24 minutes

🧾️ Download transcript

Summary

The Confederation of British Industry is fighting for survival. Known for a half-century as the voice of almost 200,000 UK companies and having the ear of the government, the CBI is now in crisis. In this week’s In the City, reporter Sabah Meddings explores how a 300-employee organization that spoke out against sexual harassment is now unraveling as police investigate allegations of sexual assault.

See omnystudio.com/listener for privacy information.

Transcript

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0:59.3

A British Territable Club says it's to close following allegations that hostesses were groped

1:04.8

at its men-only annual dinner, according to a report in the Financial Times.

1:09.6

The rich and the powerful donated an astonishing two million pounds in a matter of hours.

1:15.4

But working that night was an undercover reporter who claimed some of the women hostesses were groped at the all-men event.

1:22.8

I was groped several times and I know that there were numerous other hostesses who said the same thing had happened to them.

1:29.5

Back in 2018 we had the F.T. exposing their dinner called the Presidents Club, where they had two

1:37.0

undercover reporters join as hostesses to this all-male black tie event where the waitresses were groped, propositions, and it

1:46.7

built itself as the most un-PC event.

1:49.4

And this was where some of the titans of British industry were going and thought it was

...

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