Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Business

Tony Danker launches ‘Growth Incorporated’ following CBI departure settlement

by February 12, 2024
February 12, 2024
Tony Danker launches ‘Growth Incorporated’ following CBI departure settlement

In a move signalling his return to the business arena, Tony Danker, the former director-general of the CBI embroiled in a workplace misconduct controversy, has unveiled his latest venture.

After finalising a legal agreement with the business advocacy group last week, Danker, 52, has taken the helm of a newly established entity named Growth Incorporated.

Officially registered at Companies House in December, Danker positions himself as an entrepreneur within the company’s structure, which is poised to offer growth-oriented solutions to businesses.

Danker’s departure from the CBI last April, amidst allegations of misconduct, paved the way for Rain Newton-Smith, 48, to assume the director-general role. The transition followed an investigation into separate misconduct claims, distinct from the serious allegations of sexual misconduct and rape that surfaced in The Guardian and threatened the organization’s stability.

Expressing discontent at being thrust into the spotlight during the tumultuous period at the CBI, Danker lamented the tarnishing of his reputation and claimed he bore the brunt of the organization’s broader crisis.

Following his departure, Danker pursued legal action, preparing for both an employment tribunal for unfair dismissal and potential High Court proceedings for wrongful dismissal. However, the recent undisclosed settlement with the CBI signifies a notable shift, with the organisation explicitly dissociating Danker from historical allegations predating his tenure.

Prior to his leadership role at the CBI, Danker’s career trajectory included serving as a special adviser to the Treasury during the financial crisis and spearheading initiatives such as Be the Business—a government-backed endeavor focused on enhancing UK productivity.

With a background encompassing senior positions at Guardian Media Group, Danker has gradually embarked on rebuilding his professional standing. His recent contribution to Prospect magazine, analyzing the economic potential of Labour under Sir Keir Starmer, underscores his ongoing engagement in economic discourse.

Meanwhile, the CBI continues its efforts to restore its stature as a preeminent business advocacy entity. In the wake of the scandal, which prompted the departure of key corporate members and necessitated significant organizational restructuring, the organization remains committed to rebuilding trust with stakeholders.

Rupert Soames, the newly appointed head of the Confederation of British Industry (CBI), voiced concerns over the organisation’s survival in the wake of the recent controversies.

Soames acknowledged the “reputational disaster” that has rocked the CBI following allegations of rape and sexual assault, leading to the departure of several prominent members such as John Lewis and BMW.

Although the City of London police’s investigation into serious misconduct allegations surrounding the CBI persists, recent updates indicate a reduction in active cases, marking a potential turning point for both Danker and the organization he once led.

Read more:
Tony Danker launches ‘Growth Incorporated’ following CBI departure settlement

0
FacebookTwitterGoogle +Pinterest
previous post
Treasury Acknowledges Impending Rise in Inflation
next post
Hairdressing Industry Braces for Minimum Wage Increase Impact

You may also like

Hived raises $42m to roll out electric delivery...

July 5, 2025

What is Gold Melt Value?

November 8, 2022

Liverpool dock workers begin two-week strike after talks...

October 24, 2022

Twitter’s Head of Trust and Safety, Ella Irwin,...

June 3, 2023

Tesla’s daily deliveries near 5,000 in 2024 as...

February 4, 2025

London ULEZ expansion legal, High Court rules

July 28, 2023

How New Wooden Windows Can Help You Save...

November 23, 2024

Digitisation of trade docs would save firms £1.1bn...

July 11, 2023

Meta employees discussed buying Simon & Schuster to...

April 10, 2024

NatWest Group launches Peppy menopause support to employees

August 24, 2022

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Businesses and charities urge UK to scrap VAT on refurbished electronics to tackle e-waste and cut household costs

      July 7, 2025
    • Trump threatens 10% tariff on countries aligning with BRICS

      July 7, 2025
    • Apple pays £304m in UK tax as profits soar past £1bn

      July 7, 2025
    • UK employers’ hiring confidence hits lowest level since 2012 amid tax and cost pressures

      July 7, 2025
    • Profits soar at AI lending fintech Abound as borrowers turn away from traditional banks

      July 7, 2025
    • UK car loan scandal: 23 million believe they may be owed compensation ahead of supreme court ruling

      July 7, 2025

    Categories

    • Business (8,406)
    • Investing (2,102)
    • Politics (15,949)
    • Stocks (3,191)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved