Tag: CBI

FTSE 350 firms urged to increase gender diversity in leadership teams
Progress slows among the largest listed companies to achieve board gender diversity, while the broader leadership target extends to include all FTSE 350 companies.

Skills crisis threatens UK’s place in the industrial world, say CBI panellists
As technological evolution places innovation at the heart of industrial development and productivity, a high-level panel at the CBI’s annual conference warns the UK to improve its skills base or fall further behind.

CBI seeks independent body for industrial strategy development
Business organisation the Confederation of British Industry wants to establish an independent body to help steer industrial strategy that has a “clear vision”.

Uber loses licence over ‘lack of corporate responsibility’
Transport for London removes Uber’s right to trade as a taxi company in London over issues such as reporting crime, and software that could block regulatory access to its smartphone app.

Publishing pay ratios is ‘crude’, but are a ‘step in the right direction’
Business groups are largely in favour of the government’s planned law to publish pay ratios, but the TUC describes the ‘tick-box’ approach as ‘feeble’.

Dame Helen Alexander, former CBI president, dies
One of the UK’s most senior female business figures, Dame Helen Alexander, has died aged 60 from cancer. She served on the boards of many companies, and recently co-led a review into the number of women on FTSE350 boards.

Tories commit to greater employee involvement in governance
Conservative Party manifesto sees Theresa May commit to employee involvement in the running of their companies, annual votes on executive pay and the publication of pay ratios.

Labour targets executive pay and plans expanded duty of care
Labour’s manifesto includes measures on curbing excessive executive pay, but there are concerns about the level of proposed state intervention.

CBI calls on election winner to address pay and employee engagement
Confederation of British Industry releases an election manifesto for business, with calls for greater shareholder powers over pay and reporting on employee engagement.

MPs propose major changes to UK governance code
Government committee suggests an overhaul of governance reform, including targets for women on boards, publication of pay ratios, and the end of LTIPs.