Rupert Soames says Guardian revelations over sexual misconduct claims were ‘appalling shock’ but is bullish about the future

The new president of the Confederation of British Industry has admitted that the Guardian’s revelations about sexual misconduct at the lobbying group were “an appalling shock” that tipped it into a “near-death experience”.

Rupert Soames said the scandal had triggered an existential crisis, from which he is trying to rescue the organisation.

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