welcome back to bbc news. we bring you some breaking news that s come in the last few minutes. the confederation of british industries has in the last few minutes announce its suspending all policy injune. this comes after dozens of firms paused or even cancelled their membership. a number of huge names have ditched the cbi and moved on. this includes bmw, john lewis, avi, mastercard, virgin media, lloyd s of london, schroders. these have either paused or cancelled their membership completely. the business lobbying group has been at the centre of all what only could be described as varying degrees. there really has taken a toll on the organisations. we ve seen its share resigning, stepping down. a new chair is do to take over, but we have had a lot of companies who rely on the cbi to not only lobby for them, but also to give best practice for businesses, to advise businesses on what is best practice. we ve seen one of those companies who are really the bread and butter of the
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coming weeks. they going to end by saying there s stepping takes to taking steps to address their failures. we know it will take time to rebuild trust and purpose and culture and to give our team and former colleagues the space to heal. a source close to employees at the cbi have said the crisis over the past week has taken an emotional toll on staff at the business lobbying organisation. employees around 300 people, but because of the turmoil, their futures around 300 people, but because of the turmoil, theirfutures have been very much in doubt. we had comments from simonjack, who said the problems that the cbi are becoming more acute by the hour. he goes on to say as new allegations of rape and stocking emerge, some of the biggest companies in the uk have
varying degrees. there really has taken a toll on the organisations. we ve seen its share resigning, stepping down. a new chair is do to take over, but we have had a lot of companies who rely on the cbi to not only lobby for them, but also to give best practice for businesses, to advise businesses on what is best practice. we ve seen one of those companies who are really the bread and butter of the organisation, leaving the organisation because of fear. a little bit earlier on, we spoke to brian mcbride, who spoke to the bbc a few days ago and so the group had not previously been aware of the most serious allegations. they were working closely with police. this was a statement from
the cbi. the cbi shares the shock and repulsion of the events that have taken place in our organisation have taken place in our organisation have past failures that allowed these events to happen. we are deeply sorry and express our profound regret to the women who have endured these experiences. we listened carefully to what colleagues have said and we have now heard out and clear a demand of far reaching change. we want to understand how they envision our future role and purpose. we ve taken the difficult but necessary decision to suspend all policy activity until an extraordinary general meeting at june. we will put forward proposals for a refocus cbi to decide on the future role and purpose of the organisation. this work and culture reform will be the entire and urgent focus of the organisation over the