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Thu April 25 2024

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JCB quits CBI over Brexit stance

11 Oct 16 Construction machinery maker JCB, one of Britain’s biggest manufacturing businesses, has resigned from the Confederation of British Industry (CBI), reportedly in umbrage at its stance on foreign and economic policy.

Lord Bamford - keen Brexiteer
Lord Bamford - keen Brexiteer

The CBI took a relatively strong pro European Union line during the recent referendum, reflecting the views of the vast majority of its members. JCB owner Lord Bamford came out as a Leaver and advised his employees to follow suit.

CBI is now lobbying for the UK to remain a member of the single market outside of the EU.

A JCB spokesperson told Sky News that the company had ended its membership of the CBI, but did not give reasons why.

A CBI spokesperson said: "It's always a shame to see any member leave the CBI, but we recognise that businesses have competing priorities and we respect that."

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MPU
MPU

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