Media
Family business is the backbone of the UK economy, and the bedrock of its communities. IFB is the voice of the UK family business sector.
Two thirds of UK businesses are family owned - 4.8 million in total, of which over 18,000 are medium and large businesses.
They generate over a quarter of UK GDP. In 2017, the family business sector paid £182 billion in tax, more than the annual NHS budget.
Family firms employ 13.4 million people in the UK – 50% of private sector employment.
IFB is a not for profit, member-led organisation. We work closely with family firms to gather evidence on how the sector is faring and the challenges they face. IFB’s members represent a strong collective voice, with a combined turnover approaching £100 billion, employing over half a million people.
IFB’s growing membership includes some of the UK’s largest and most successful family-owned businesses, including some of the UK’s most recognisable and well loved brands. IFB members are based throughout the UK and represent a diverse range of industry sectors.
IFB’s communications team can provide you with:
- Interviews
- Quotes
- Research and publications
- Background information
- Case studies
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Family Business Welcomes Budget Boost to Business Investment
19th March 2014
Budget includes many of the measures which family businesses have been calling for as they seek to invest, grow and increase productivity.
Institute for Family Business Response to Unemployment Figures
19th March 2014
Response to today’s figures which show that unemployment fell by 63,000 to 2.33 million in the three months to January.
Family Business Pre-Budget Submission
17th March 2014
Ahead of the Budget on 19th March, the Institute for Family Business highlighted measures to help family firms flourish.
Funding Britain's Growth: Keeping It In The Family
27th February 2014
IFB Director General Mark Hastings has been talking about the contribution family firms make to the UK.