President of UK business group urges firms to switch to positive purpose as influential Future of the Corporation project calls for overhaul of company director role. But, asked if profit or purpose comes first, business leaders are evenly split.
Confederation of British Industry – which represents nearly 200,000 UK firms – says businesses should ‘bottle the Covid-19 spirit of cooperation’ and ‘lock in’ employee wellbeing as part of wide-ranging vision to transform economy.