Institute of Directors
The Institute of Directors was established in 1903 and granted a Royal Charter in 1906. It is an association of businessmen rather than of businesses. With over 37,000 members, the lowest common denominator effect ensures that it's far less dangerous than the European Round Table of Industrialists (ERT), for example.
In fact its views are more balanced than those of the Confederation of British Industry (CBI) (for example), as the IoD is an association of people each with an equal say - the majority come from small businesses (whereas the CBI is an association of businesses, some of which are larger and more influential).
While the ERT is pro-single currency and the CBI is split, the IoD is opposed to it. IoD's biggest recent success has been the 1995 Budget cuts to both capital gains and inheritance tax.
It produces a monthly magazine, The Director. The Annual Report is free.
Neville Bain a non-executive director with S&N is the current chairman.
Address
116 Pall Mall, London SW1Y 5ED tel. 0207 839 1233
