Bibby Finance Bibby Finance
Follow us on Twitter Follow us on LinkedIn Follow us on Instagram
Daily construction news
Weekly plant news

Construction News

Mon April 23 2018

Related Information
Related Information
Related Information
Related Information

News » Plant » JCB quits CBI over Brexit stance » published 11 Oct 2016

JCB quits CBI over Brexit stance

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 Above: 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."





Further Images

Lord Bamford sets out his views in letter to employees

Download our free construction news iPhone / iPad app. Sign up to our FREE email newsletters or subscribe to our RSS feed for regular updates on the latest Construction News, Plant News & Contract News. The Construction Index also provides the latest Construction Tenders, Construction Market Data & Construction Law Commentary all FREE.

This article was published on 11 Oct 2016 (last updated on 11 Oct 2016).

More News Channels