Danker’s exit deal costs CBI £500k |
Tony Danker, the former director-general of the CBI, has reportedly secured a settlement of approximately £500,000 following his dismissal in April 2023 amid a wider sexual misconduct scandal. This figure, which exceeds his previous salary of around £400,000, raises questions about the CBI's financial management, especially as its recent annual report indicated only £188,000 was paid for director severance costs. A CBI spokesperson confirmed the settlement, stating: "In February 2024 the CBI settled legal action brought against the organisation by Tony Danker after his dismissal in April 2023." The barrister who represented Mr Danker, Bruce Carr KC, and the former CBI chief's law firm, BDBF, are understood to have agreed to work on his litigation on a no-win, no-fee basis. |
|