CBI


CBI
   The CBI (Confederation of British Industry) was formed in 1965 by a merger of the three main employers’ associations to represent business interests. It is financed by business, and in 1997 represented around 250,000 members. It acts as a pressure group for its members through the administration. It was particularly influential in the era of government planning in the economy, as the voice of industry on corporatist bodies. The chief executive of the CBI is the Director General, and the democratically elected Council is its governing body. The most pressing concerns facing the CBI in the 1990s were the proposed single European currency, to which it gave qualified support, and the European Social Chapter and working time directive, to which it was opposed.
   COLIN WILLIAMS

Encyclopedia of contemporary British culture . . 2014.

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