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institute for family business

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.

March 21, 2011

Family businesses in the UK have more women in senior positions than non-family businesses, according to a survey conducted for the Institute for Family Business.

Family businesses in the UK have more women in senior positions than non-family businesses, according to a survey conducted for the Institute for Family Business.

Forty four percent of directors in family businesses are women, while in non-family businesses women account for 32% of the top positions, said the survey, carried out by University of Leeds and University of Nottingham for the IFB.

January 5, 2011

Ross Warburton, a fifth-generation family member of the UK bakery company Warburtons, has been appointed the new chairman of the Institute for Family Business.

Ross Warburton, a fifth-generation family member of the UK bakery company Warburtons, has been appointed the new chairman of the Institute for Family Business.

He replaces Andrew Wates, of the Wates Group, who has been chairman for the last three years.

August 13, 2010

A new study by the Institute for Family Business has revealed the UK’s 10 largest family businesses.

A new study by the Institute for Family Business has revealed the UK's 10 largest family businesses.

The list is headed by the Weston family-owned Associated British Foods, which had 2009 sales of £9.26 billion and includes well-known high street brands such as Kingsmill, Pataks, Primark, Ryvita and Twinings.

June 11, 2010

Economic growth will be driven by the private sector in the coming years and the best-run family companies have a big role to play, the CBI’s director general told a family business conference yesterday.

Economic growth will be driven by the private sector in the coming years and the best-run family companies have a big role to play, the CBI's director general told a family business conference yesterday.

Richard Lambert, director general of the UK-based business lobbying organisation, told family business leaders at the Institute for Family Business national forum that governments cannot "cut" their way back to economic stability.

November 1, 2004

Private equity can be a useful option for a family business pondering growth strategies or exit plans. But, as Richard Willsher explains, investors will be looking to gain some measure of control

Richard Willsher is a freelance journalist specialising in finance.

Private equity can be a useful option for a family business pondering growth strategies or exit plans. But, as Richard Willsher explains, investors will be looking to gain some measure of control

If the idea of introducing non-family equity into your business has never had much appeal it may be worth giving private equity a second look.

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