Corporate bosses scramble to fill void left by CBI crisis

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Sky News has learnt that businesses from across a range of sectors including banking, insurance, retail and telecoms have been contacted about the launch of BizUK. The organisation, which is being assembled by WPI Strategy, a leading public affairs firm, will not seek to replace the CBI directly but will be a temporary body that will try to help private sector chiefs influence the main political parties' manifestoes with a general election potentially only 18 months away. A letter sent on Friday by Nick Faith, WPI's director, to FTSE-100 companies and seen by Sky News, said BizUK would "support the representation of business to the main political parties in this critical pre-election period".
 
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