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Oil prices dip amid US tariff concerns and potential OPEC+ production increase, while crude also drops on reports of US-Iran nuclear talks. Meanwhile, Malaysia's Petronas secures another LNG deal with Venture Global, signaling continued energy partnerships.

CBI kicks off search for successor to 'saviour' Soames

Sky NewsThursday, July 3, 2025 at 9:02:00 AM
CBI kicks off search for successor to 'saviour' Soames
The CBI (Confederation of British Industry) has officially started its hunt for a new leader to replace outgoing director-general Tony Danker, who was ousted earlier this year. The business lobby group is under pressure to restore its reputation after a misconduct scandal, and insiders suggest they’re looking for a "saviour"-style figure—someone with the credibility and charisma to rebuild trust. The process is being closely watched, as the CBI’s influence on UK economic policy hangs in the balance.
Editor’s Note: The CBI isn’t just filling a job—it’s trying to salvage its future. After a rocky year of scandals and dwindling clout, the right leader could either revive the organization or confirm its decline. For businesses and policymakers, this isn’t just insider drama; it’s about whether a major voice in UK economic debates can stay relevant.
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