Tax policy changes 'major threat to family-owned businesses' says MP Priti Patel

Tax policy changes 'major threat to family-owned businesses' says MP Priti Patel

Priti Patel, MP for Witham, has raised concerns over the impact of the Labour Government’s budget on family-run businesses.

Tax shocks, firm entry, and productivity in the open economy

We examine the role of endogenous firm entry for the domestic effects and international repercussions of tax policy. We present new evidence from prox…

The Current Agenda For UK Family Firms

The latest survey by Family Business United has highlighted the key challenges family business leaders are tackling in boardrooms across the country.Amid ongoing political and economic uncertainty, compounded by changes announced in last Autumn's budget, running a family business is no easy task. This year's Family Business Survey aimed to capture the primary issues facing family enterprises and shed light on the complex decisions they must navi…

Family businesses are the third largest economy in the world

Family businesses play a crucial role in the global economy, establishing themselves as key drivers of growth, innovation, and job creation. According to the 2025 EY and University of St. Gallen Global Family Business Index 500, the world’s 500 largest family businesses recorded combined revenues of $8.8 trillion, representing a growth of 10% compared to the 2023 index. To put their impact into perspective, if these companies were a country, the…