27th July 2021
The government’s proposals to expand the list of Public Interest Entities (PIEs) include different options based on size thresholds, with no regard to type of business activity. One proposed option could double the number of companies classified as PIEs. This expansion would have a significant negative impact on many members of the Institute for Family Business.
30th June 2021
The latest report by the IFB Research Foundation (IFBRF) reveals that in 2019, family businesses contributed to almost 30 per cent of the UK’s national income. Over 100,000 new family businesses were created in the year running up to the pandemic, with 5.2 million family firms in total who employ over 14 million people in the UK.