8 December 2017


Westminster roundup

CBI supported the Northern Powerhouse Council as well as an event with Speaker of the House of Commons to discuss the importance of diversity & inclusion and LGBT issues in business.

Westminster roundup

Last week, CBI members attended the “Northern Powerhouse Council” with minister for local government, Jake Berry MP, and minister for culture, John Glen MP. Opening the discussion, Mr Berry spoke about his plans for the Northern Powerhouse, while Mr Glen updated the room about the Great Exhibition of the North 2018. Much of the discussion focused on the Northern Powerhouse and what government can do to help northern businesses thrive. Suggestions included: improving infrastructure and transport links. For the second half of the event, members heard from founder and director of the think-tank Respublica, Philip Blond, on graduate attraction and retention in the North. Mr Blond emphasised that while the North does well at retaining students who study in the area, it underperforms in attracting graduates to the area.

Elsewhere, and prior to the economic forecast released this week, CBI director-general, Carolyn Fairbairn and chief economist, Rain Newton-Smith met with the Governor of Bank of England, Mark Carney. The conversation focused on the shape of a Brexit transition deal with specific attention on financial services sector. Mr Carney ended the meeting by highlighting the strong working relationship between the Bank of England and CBI and spoke highly about the quality and insights gained from CBI surveys.

Finally, the CBI’s LGBT network met which brought together business leaders, CBI director-general Carolyn Fairbairn and the Speaker of the House of Commons, the Rt Hon John Bercow MP. The event’s focus was to discuss diversity, inclusion and LGBT issues in business. The Speaker spoke of how he became an ally of the LGBT community before Carolyn highlighted the importance of role models, monitoring of data and staff education to improve LGBT diversity.

Read Carolyn’s Business Voice article on diversity, inclusion and LGBT issues

For more information on these and future similar CBI events, contact Hannah.collins@cbi.org.uk