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UK government

April 3, 2020

Sodexo mobilises and board cut salaries, Henkel makes disinfectants and donates millions, coronavirus-testing Roche hailed by UK government.

Sodexo mobilises globally and board cuts pay to support laid-off staff

The family principal and chiefs of Sodexo, the French family-owned food services and facilities management group, will cut their pay and support their staff made redundant because of the coronavirus outbreak with a $32.6 million fund.

June 23, 2017

CK Hutchison Holdings patriarch to step aside; Batista family fighting to avoid asset freeze in corruption probe; and Cyber-attacks plague UK business

CK Hutchison Holdings patriarch to step aside

Hong Kong billionaire Li Ka-Shing, 88, has announced he will step down as the chairman of multinational conglomerate CK Hutchison Holdings, which he founded more than 60 years ago.

Li turns 89 in July and said he was unlikely to resign before his 90th birthday. A story by MarketWatch named son and deputy president Victor Li as his likely successor. The younger Li has spent more than 30 years working under his father.

November 5, 2014

A list of 12 policy recommendations to support British family businesses has been published by a national sector organisation, ahead of the country’s elections next year.

A list of 12 policy recommendations to support British family businesses has been published by a national sector organisation, ahead of the country’s elections next year.

Notable family businesses in the UK include construction machinery manufacturer JCB, famed for its yellow diggers, and Associated British Food, which is controlled by the Weston family and owns discount retailer Primark.

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