New business body launched as CBI faces crunch vote

A new business lobby group has been formed, boasting some of the UK's largest companies as its founding partners. It comes as the troubled CBI faces a crunch vote on its future after it was mired in serious sexual allegations. The new group will be hoping to pick up the support of businesses which cut ties with the CBI - including household names such as John Lewis and BMW. The BCC works to support and connect tens of thousands of companies in the UK and internationally and is known for putting out a quarterly economic survey. BCC director general Shevaun Haviland and president Baroness Martha Lane Fox will join business leaders in London on Monday to discuss the work of its new council. The new group will not know until Tuesday how much support its competitor will continue to receive but the CBI's new director general Rain Newton-Smith has described the vote as "Critical" to its future.

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