Jcb quit uk business lobby group amid brexit differences

JCB, the UK-based construction equipment manufacturer, has indeed quit the UK's leading business lobby group, the Confederation of British Industry (CBI), due to differences over Brexit.

In a statement, JCB's chairman, Lord Bamford, said that the company had decided to leave the CBI because of the organization's stance on Brexit, which he felt was not aligned with the company's views. Bamford stated that JCB wanted to take a more proactive approach to shaping the UK's post-Brexit trade policy, and felt that the CBI was not providing the necessary platform for this.

The CBI has been a vocal advocate for a soft Brexit, with a focus on maintaining close ties with the EU and avoiding a no-deal outcome. However, JCB has taken a more hardline stance, calling for the UK to leave the EU's single market and customs union in order to take advantage of new trade opportunities.

JCB's decision to quit the CBI is seen as a significant blow to the organization, which has been a major player in shaping UK business policy for over 100 years. The move is also seen as a reflection of the growing divisions within the business community over Brexit, with some companies taking a more pragmatic approach and others advocating for a more radical departure from the EU.

It's worth noting that JCB's decision to quit the CBI is not the first time the company has taken a high-profile stance on Brexit. In 2019, the company's chairman, Lord Bamford, wrote an open letter to the UK's then-Prime Minister, Theresa May, urging her to take a harder line in Brexit negotiations and warning that a no-deal outcome would be "catastrophic" for the UK's economy.