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Schroders, Fidelity latest to ditch scandal-hit CBI

The fund managers are the latest in a flurry of exits from the troubled City lobby group

Schroders said it felt the CBI was no longer the right organisation 'to represent our views'
Schroders said it felt the CBI was no longer the right organisation 'to represent our views' Photo: Manuel Romano/Getty Images

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Schroders has quit the Confederation of British Industry while fellow fund giant Fidelity International has decided not to renew its membership in the latest high-profile departures from the troubled City lobby group.

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