Former FT editor to head CBI
Digby Jones steps down after long tenure
Richard Lambert, the former editor of the Financial Times has been
named as the new director-general of the Confederation of British Industry
replacing long-serving and vocal defender of business rights, Digby Jones.
Lambert has stepped down from his position on the Bank of England’s
rate-setting monetary policy committee (MPC) to avoid a conflict of interest.
The Bank said Lambert’s new role could lead to a conflict of interest when it
came to making decisions on interest rates