CBI ‘at risk of insolvency’ as it races to secure merger with Make UK
by Rob Davies from on (#6EJTB)
Scandal-hit group says it has sought advice on restructuring, amid reports it is within weeks of running out of cash
The Confederation of British Industry (CBI) is reportedly at risk of insolvency, leaving the scandal-hit business lobby group facing a race against time to restructure its finances or secure a merger with the manufacturers' trade body Make UK.
Britain's largest corporate lobbying organisation has been in discussions with Make UK about a tie-up, in an unexpected twist to its battle to recover from sexual misconduct allegations revealed by the Guardian.
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