CBI brand is broken ‘beyond repair’ by sex attack and misconduct claims

As exodus of members continues, business chiefs say the lobby group ‘has run its course’ and ‘needs a total rethink’

The future of the Confederation of British Industry is in the balance this weekend as one business leader warned its brand was “beyond repair”.

A CBI board statement on Friday said there was demand for “far reaching change” after allegations of sexual attacks and harassment first revealed by the Guardian. The organisation has suspended key activities until June after an exodus of business members.