New director general Rain Newton-Smith faces a Herculean task to clean up CBI

The well-regarded economist is going to have a bulging inbox

Rain Newton-Smith has an impressive track record with stints at the Bank of England and the IMF (CBI )

It’s all change at the CBI with director general Tony Danker fired and Rain Newton-Smith appointed in his place in short order.

There was clearly no Easter break for the organisation’s board – as you might expect given the sexual misconduct scandal that has plunged Britain’s leading business group into an existential crisis.

It began when allegations of inappropriate conduct where made against Danker, who stepped aside while they were investigated by law firm Fox Williams.