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institute for family business

December 22, 2014

A court ruling in Germany making tax breaks and exceptions on inheritance for family businesses illegal may cause concern in the UK, a British law firm has warned.

A court ruling in Germany making tax breaks and exceptions on inheritance for family businesses illegal may cause concern in the UK, a British law firm has warned.

July 25, 2014

The UK public is more than twice as likely to trust a company if it is family owned than if it is publicly listed, new research from the Institute for Family Business (IFB) reveals.

The UK public is more than twice as likely to trust a company if it is family owned than if it is publicly listed, new research from the Institute for Family Business (IFB) reveals.

A poll, conducted by international market research firm YouGov for the family business organisation, found 55% of the population thinks family ownership is important to business trustworthiness. Only 26% thought this for public companies.

June 5, 2013

Employees in UK-based family businesses are happier than those of non-family firms, research from the Institute for Family Business has found, and this human capital could be giving family businesses a competitive advantage.

 

Employees in UK-based family businesses are happier than those of non-family firms, research from the Institute for Family Business has found, and this human capital could be giving family businesses a competitive advantage.

January 18, 2013

Many business owners in the UK are driven by short-term priorities like selling the company to make money and do not pay enough attention to longer-term strategic objectives, according to a new report.

Many business owners in the UK are driven by short-term priorities like selling the company to make money and do not pay enough attention to longer-term strategic objectives, according to a new report.

Research carried out by the Economist Intelligence Unit for Ernst & Young found that as many as 85% of business owners in the UK plan to accelerate their divestment plan over the next two years. Of the total, 32% of UK corporations are in the process of, or are planning to divest in the next two years.

October 5, 2012

The British government should roll out the red carpet to make the UK a “dynamic global hub” for family businesses.

The British government should roll out the red carpet to make the UK a “dynamic global hub” for family businesses.

That’s according to Ross Warburton, chairman of the Institute for Family Business and an executive director at his family’s bakery company, who was speaking at the ongoing Family Business Network International Summit in London.

December 14, 2011

The British government must get behind family firms and avoid policy changes that would have a “severely detrimental” impact on the family business sector.

The British government must get behind family firms and avoid policy changes that would have a “severely detrimental” impact on the family business sector.

That’s according to the lobby group Institute for Family Business, which recently contacted UK business minister Mark Prisk about its concerns.

November 15, 2011

Family businesses are crucial for the recovery of the UK economy and provide the backbone of the right type of growth needed for the country, according to Vince Cable, secretary of state for business, innovation and skills in the coalition government.

Family businesses are crucial for the recovery of the UK economy and provide the backbone of the right type of growth needed for the country, according to Vince Cable, secretary of state for business, innovation and skills in the coalition government.

Cable, speaking at an event hosted by the Institute for Family Business at the Houses of Parliament, reckons that family businesses have the wherewithal to be the backbone of what he called “responsible capitalism”.

November 14, 2011

Family businesses account for as much as two-thirds of firms in the UK private sector and employ 40% of private sector jobs, according to a report commissioned by the Institute for Family Business.

Family businesses account for as much as two-thirds of firms in the UK private sector and employ 40% of private sector jobs, according to a report commissioned by the Institute for Family Business.

The report found that family businesses in the UK are predominately made up of small and medium-sized enterprises, and employ 9.2 million jobs, or two in five private sector jobs. 

June 7, 2011

Family businesses are not well prepared for succession despite plans to change hands within the next five years, reveals a survey by PricewaterhouseCoopers released on 5 June.

Family businesses are not well prepared for succession despite plans to change hands within the next five years, reveals a survey by PricewaterhouseCoopers released on 5 June.

Kin in the game, a survey of 1600 family businesses around the world, showed that over half of the respondents don’t have a succession plan in place, although 30% of the families expect to transfer control over the next five years.

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