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CBI Delays Naming President Amid Labour Row

2015-04-30 04:31:35| Beverages - Topix.net

The UK's biggest employers' group is to delay naming its new president until well after the General Election following a row over the preferred candidate's public backing for the Conservatives' deficit reduction strategy. Sky News has learnt that the CBI has decided to defer an announcement that Paul Walsh, the former chief executive of Diageo, the FTSE-100 drinks group, is to replace Sir Mike Rake, who is due to step down in June.

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