UK family businesses

Family businesses account for more than two-thirds of UK businesses and many of these families have strong links with the European Union. The UK's exit from the EU could present them with significant risks, especially given that the regulatory framework that will govern the UK's future relationship with the EU is still unknown.

While nobody can foresee the economic outcome of Brexit, there are practical steps that family businesses can take to prepare for a future outside the EU.

With just days to go until all major UK employers have to reveal the difference between what they pay men and women, several of the country’s biggest family firms say they are committed to doing better.

Jailing of Samsung heir a message to chaebol

The jailing of Samsung chief Lee Jae-yong for five years has fuelled public conversation in South Korea about the huge family-owned businesses which dominate the economy.

Samsung heir Lee Jae-yong was sentenced on corruption charges this week following a case dubbed “the trial of the century”, due to the message it sent the country’s massive conglomerates.

Banyan Holdings
After taking a break from the family business to set up her own company, Ho Ren Yung, daughter of Banyan Tree Holding’s founder and executive chairman Ho Kwon Ping, has been appointed director of the company’s group retail operations.

Listed in Singapore, the luxury resort group began as a boutique hotel in Thailand and has grown into an international hospitality brand with over 150 resorts, spas and retail galleries worldwide.