The CBI, EEG, ERT and international financial interests



In his memoirs, former Chancellor Denis Healey notes that the Confederation of British Industries (CBI) was “heavily weighted towards the big international companies” (Healey, p. 382).


This was entirely natural. The CBI is an industry lobbying organisation set up in 1965 – under the Fabian-Labour Government of Harold Wilson (former Fabian Society chairman) – to represent industrial giants like Rothschild co-owned Shell, UK Government co-owned British Petroleum, Rockefeller-controlled Ford and their associate FIAT.


Tellingly, the CBI’s first director-general was John Davies, vice-chairman and managing director of Shell-Mex and BP (the Shell-BP marketing venture) (Ratiu, pp. 297-8).


Healey, of course, had been a leading member of the 1965 Wilson Cabinet, was a fellow Fabian Society member (and former member of its executive committee), former chairman of the Fabian International Bureau, co-founder of the Bilderberg Group, member of its steering committee, Chatham House councillor and (from 1979) a member of David Rockefeller’s Trilateral Commission alongside the likes of Arthur Knight, himself a fellow Chatham House councillor, Bilderberg director and member of the CBI economic committee. Unless he was suffering from some rare case of blindness and deafness, Healey knew exactly why the CBI was “heavily weighted towards the big international companies”.


Healey had further opportunity to acquaint himself with the true origin and nature of the CBI in his capacity as chairman of the National Economic Development Council (NEDC) – tasked with balancing the interests of CBI, Trade Union Congress (TUC) and Government – which was in constant touch with these groups and had Geoffrey Chandler, a Shell executive of over 20 years, as director-general (appointed by Labour PM and leading member of the Fabian Society, James Callaghan).


As Healey himself informs us, when the chairman of the Fabian International Bureau, Philip Noel-Baker, became Minister of State for Foreign Affairs in 1945 under Foreign Secretary Bevin (himself a former member of the Fabian Society), he surrounded himself with members of Lord Victor Rothschild’s circle (Healey, p. 107).


While Noel-Baker became chairman of the Labour Party in 1946 and later Commonwealth Secretary and Minister for Fuel and Power, Labour peer Rothschild became head of research at Shell and from 1971 to 1974 served as founding director of the Central Policy Review Staff (CPRS), the cabinet think-tank advising the government.


Thus, not only CBI but Government itself had close links to Rothschild interests. These links went back to Liberal and “Conservative” prime ministers like Lord Rosebery (who was related to Lord Rothschild) and Lord Balfour, who were also friends of Fabian Society leaders Sidney and Beatrice Webb. Rosebery and Lord Rothschild were among the first presidents of the Webbs’ London School of Economics (LSE). 


The European Enterprise Group (EEG) was created in 1980 by the CBI. Its aim was to place individual firms on the policy committees and working groups of the Union of Industrial and Employers’ Confederations of Europe (UNICE), becoming directly involved in European Union policy making (Cowles, M. G., p. 68).


The European Round Table of Industrialists (ERT) was founded in 1983 by the Belgian diplomat and politician, Viscount Étienne Davignon and his collaborator Pehr G. Gyllenhammar, chief executive of Volvo, who served as the ERT’s first chairman.


Davignon was a long-time disciple of Paul-Henri Spaak, former president of the United Nations, president of the Common Assembly of the European Coal and Steel Community (later European Parliament) and a friend and close collaborator of the Belgian Rothschilds. Davignon succeeded Baron Robert de Rothschild as Spaak’s head of private office in the 1960s, becoming Vice-President of the European Economic Community Commission and Single Market, Industry and Trade Commissioner in 1977. Gyllenhammar became a member of Chase Manhattan’s (the Rockefeller bank) international advisory committee and later vice-chairman of Rothschild Europe (Ratiu, p. 299).


From inception, the ERT interlocked with the EEG and the Rockefellers’ Trilateral Commission through members such as Shell and particularly FIAT, whose president Gianni Agnelli was a founding-member of the executive committee of the Trilateral’s European section, a member of the Bilderberg steering committee, a governor of the Atlantic Institute and a member of Chase Manhattan’s international advisory committee (Ratiu, p. 299). From 1990, prominent ERT members have served within UNICE (van Apeldoorn, pp. 199, 202).


In addition to their influence on the EU, the above groups have played a prominent role in the promotion of mass immigration. For example, the vice-chairman of the ERT from 2006 to 2009 was Trilateral European chairman Peter Sutherland who is chairman of Goldman Sachs International as well as head of the UN Forum for Migration and Development and a leading advocate of mass immigration (Sutherland, 15 Jun. 2012; Sutherland, 20 Jun. 2012; Wheeler, 2012).


Similarly, CBI director-general Lord Digby Jones has declared that a cap on immigration would reduce the “flexibility” of the British labour market (Financial Times, 4 May 2005). The long-standing British business support for mass immigration is a generally accepted fact (Boxell & Fray, 2010).




Boxell, James and Frey, Keith, “Migrants give boost to public finances,” Financial Times, 3 Oct. 2010.


Cowles, Maria Green, “Large Firms and the Transformation of EU Business Associations: a Historical Perspective,” in Greenwood, Justin, ed., The Effectiveness of EU Business Associations, Basingstoke, Hampshire, 2002, pp. 64-78, cited in Ratiu, p. 298.

Financial Times, “Figuring out role of migrant workers,” 4 May 2005.

Healey, Denis, The Time of My Life, London, 2006.


Ratiu, Ioan, The Milner-Fabian Conspiracy: How an international elite is taking over and destroying Europe, America and the World, Richmond, 2012.


Sutherland, Peter, “A Constructive Attitude to Migration is a Moral Issue,” Address to the International Eucharistic Congress, Dublin, 15 Jun. 2012.


Sutherland, Peter in Select Committee on the European Union, House of Lords, “Inquiry on Global Approach to Migration and Mobility, Evidence Session No. 1, Wednesday 20 June 2012, 11.25 am, Witness: Mr Peter Sutherland, QQ 1-34”, uncorrected transcript, published 22 June 2012.


Van Apeldoorn, Bastiaan, “The European Round Table of Industrialists: Still a Unique Player?” in Greenwood, Justin, ed., The Effectiveness of EU Business Associations, Basingstoke, Hampshire, 2002, pp. 194-205, cited in Ratiu, p. 299.


Wheeler, Brian, “EU should ‘undermine national homogeneity’ says UN migration chief,” BBC News, 21 Jun. 2012.




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