Latest news: Advocacy
Government’s Industrial Strategy brings welcome clarity – but risks over BPR and APR remain
June 23, 2025
By Tom Ridgway, FBUK Public Affairs Manager The Government’s Industrial Strategy, published today, offers a much-needed framework for growth and investment. With tangible commitments across eight high-growth sectors (Advanced Manufacturing, Clean Energy Industries, Creative Industries, Defence, Digital Technologies, Financial Services, Life Sciences, and Professional and Business Services), the Strategy gives businesses a clearer sense of the Government’s […]
Spending Review – all eyes turn to the Budget
June 13, 2025
By Martin Greig, FBUK Communications Director The Government’s Spending Review this week has set out day-to-day spending on public services and capital investment across this Parliament. In total, the Government has committed to increase spending by £190 billion and investment by £113 billion. The Chancellor has called it a “Labour choice” that will put Britain […]
New Research Shows Full Impact Of IHT Changes
June 2, 2025
UK-wide hit to the economy as family businesses in every sector and region of the country cut investment and jobs ahead of inheritance tax change The full impact of changes to inheritance tax for family businesses and farms is revealed in new research showing every region of the UK and sector of the economy will […]
FBUK welcomes calls for BPR consultation
May 16, 2025
Family Business UK has welcomed a call from a high-profile Parliamentary committee to delay the implementation of changes to BPR and APR to allow government time to consult on the changes. The Environment Food and Rural Affairs Committee, chaired by Alistair Carmichael, Liberal Democrat MP for Orkney and Shetland, has said it is concerned that […]
More Than 160,000 Family Businesses Call on Government to Consult on Inheritance Tax Change.
December 16, 2024
More Than 160,000 Family Businesses Call on Government to Consult on Inheritance Tax Change. Embargo: 00:00 Monday 16 December 2024 Thirty two Trade Associations, representing more than 160,000 UK family-owned businesses and farms, have written to the Chancellor calling for a full and formal consultation on changes to Inheritance Tax announced in the Budget. In […]
FBUK Publishes Economic & Fiscal impact of changes to BPR
December 2, 2024
125,700 Jobs and £9.4billion GVA Threatened by Inheritance Tax Change for Family Businesses. Analysis Indicates £1.3billion Net Fiscal Loss to Government Family Businesses Call on Government to Consult on the Changes FBUK Publishes Economic & Fiscal impact of changes to BPR Changes to the rules on Inheritance Tax for family-owned businesses could lead to a […]
There is no growth agenda for Yorkshire without family businesses.
November 14, 2024
There is no growth agenda for Yorkshire without family businesses. Thomas Martin, Chair Arco Ltd and the Yorkshire Regional Business Engagement Board Right across Yorkshire, home-grown family businesses are wondering – what just happened? In 76 minutes, the Chancellor delivered a Budget that undermines hundreds of years of family business ownership in our region. Yorkshire […]
Budget Comment – Inheritance Tax Changes – Family Businesses
October 30, 2024
Budget Comment – Inheritance Tax Changes – Family Businesses Immediate Release. Neil Davy, Chief Executive Officer of Family Business UK said: “These changes are a betrayal of Britain’s hard working family business owners and farmers that will result in valuable businesses being closed, sold and jobs lost across the country. “For all but the very […]