Siemens leads rallying cry to save stricken CBI lobbying group

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Siemens leads rallying cry to save stricken CBI lobbying group
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Microsoft is among a small group of CBI members approached to sign a letter endorsing its survival ahead of a crucial confidence vote on Tuesday, Sky News learns.

The draft letter goes on to say:"At a time when the UK economy is facing strong economic headwinds and anaemia growth, and with a general election expected before the end of next year, it is vital that there is a credible voice representing all sectors and sizes of UK business.

Public shows of corporate support have been conspicuously absent since the CBI was plunged into crisis. "Of critical importance to us is that the CBI recognises that the necessary change will take a significant, ongoing and concerted effort to repair their culture and rebuild confidence," the letter says.

To illustrate the apathy felt by many corporate members, PricewaterhouseCoopers, the UK's biggest accountancy firm, does not plan to register a vote in next week's ballot, according to insiders.

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