Some of the biggest businesses in the UK are founding members of a new business lobby group.
In an effort to "design and drive the future of the British economy," the British Chambers of Commerce (BCC) has established the Business Council.
One of its newest members is Heathrow, along with BP, IHG Hotels and Resorts, and Drax.
As a result of serious sexual misconduct allegations, the troubled CBI is currently up for a crucial vote on its future.
A key meeting on Tuesday will reveal the outcome of the CBI's recent polling of its current membership regarding a number of reforms.
Before the vote, it has received the public support of 13 businesses, including the largest computer software company in the world, Microsoft, and the manufacturing powerhouse Siemens.
However, the newly formed organization will be hoping to win over the backing of companies that severed ties with the CBI, like well-known brands like John Lewis and BMW.
The BCC is renowned for publishing a quarterly economic survey and works to support and connect tens of thousands of businesses both domestically and abroad.
On Monday, business leaders will gather in London to discuss the work of the BCC's new council with director general Shevaun Haviland and president Baroness Martha Lane Fox.
As a result of our conversations with the biggest corporations in the country over the past few months, it has become clear to us that they require a different kind of representation, Ms. Haviland said. .
She continued, "These businesses want to be a part of a framework that is rooted in their local communities but has the power to influence the conversation on a national and global scale.
According to Ms. Haviland, the Business Council will concentrate on a project that targets: and is aimed at the future of the economy.
- The digital revolution.
- Working with people.
- "Net Zero.".
- UK globally.
- The Main Street.
The CBI's new director general, Rain Newton-Smith, has called the vote "critical" to the organization's future even though the new group won't know until Tuesday how much support its rival will retain.
Simon Jack, the business editor for the BBC, stated that the timing of the BCC's announcement was difficult to ignore and that the launch represented a "tussle for the trust of business and the ear of government.". .
According to a CBI source, "this is happening at a very opportune time. We believe that a collaborative approach to business success is more efficient.
The Sunday Times reported over the weekend that Tony Danker, the CBI's former director general, was considering suing the organization after being fired due to sexual misconduct allegations.