Removing BPR could cost Billions

October 28, 2024

Removing BPR could cost Billions New research commissioned by Family Business UK shows that £29billion and 391,000 jobs could be lost from the economy if policies that support family businesses are removed. The findings come from CBI Economics, which was commissioned by FBUK to model the impact of removing Business Property Relief and Gift Holdover […]

Westminister debates family businesses and BPR

October 18, 2024

Westminister debates family businesses and BPR Family businesses have taken centre stage in Parliament ahead of the Budget, with MPs debating Business Property Relief (BPR) and its essential role supporting family-owned firms across the country. A Westminster Hall debate led by Harriet Cross, Conservative MP for Gordon and Buchan heard from MPs about how BPR […]

Confidence slips as businesses brace for “significant” tax rises  

September 26, 2024

Confidence slips as businesses brace for “significant” tax rises Family-owned businesses fear changes could threaten their business More than half (52%) of family businesses rate government’s policies unfavourable Majority (80%) of family businesses say Labour wasn’t honest about tax plans London: Eighty five per cent of business leaders say they expect the Government to increase […]

FBUK Autumn Budget Submission – Retain BPR

September 13, 2024

FBUK Autumn Budget Submission – Retain BPR  Family Business UK (FBUK) has called on the Labour Government to commit to retain Business Property Relief in full and bring Gift Holdover Relief eligibility into alignment with BPR. In a submission to Government, ahead of the Budget on 30th October, FBUK has repeated calls from our Manifesto […]

FBUK warns of Threat to Family Businesses

September 12, 2024

FBUK warns of Threat to Family Businesses Family Business UK (FBUK)  has warned how a vocal minority of commentators risk undermining Britain’s family businesses in the run up the Budget on 30 October. In a letter to the editor of The Daily Telegraph, FBUK CEO Neil Davy, urges the Government to speak directly to family […]

Labour’s ambitions for economic growth – rhetoric or reality?

Labour’s ambitions for economic growth – rhetoric or reality? The UK’s family businesses range from some Britain’s largest, well-known household brands to the SMEs and local plumbers, electricians, builders, restaurant owners, shopkeepers and mechanics that keep Britain moving. The 4.8 million family businesses in the UK are the backbone of our economy. They employ 13.9 […]

“Scrapping BPR could be catastrophic” FBUK tells Forbes

September 2, 2024

“Scrapping BPR could be catastrophic” FBUK tells Forbes. Family Business UK has warned of the potential unintended consequences of scrapping Business Property Relief (‘BPR’) on family businesses. Speaking to Forbes magazine, FBUK CEO Neil Davy said: “capping or scrapping BPR without fully understanding the consequences would be catastrophic for these [family] businesses, the sector, and […]

FBUK Launches Back Family Businesses Campaign

July 26, 2024

FBUK Launches Back Family Businesses Campaign Family Business UK has launched a new campaign called Back Family Businesses – calling on family business owners, politicians, policymakers, and the public to support family businesses. The campaign is a calling card for supporters to back family businesses in communities across the country and win new advocates for […]