FBUK welcomes National Mission on Work Experience and calls for support for family businesses

Responding to the new Work Experience National Mission, Neil Davy, Chief Executive, Family Business UK, said:

“Family businesses support the Prime Minister’s call for employers to provide an additional 200,000 work experience placements.

“Family firms have always invested in the next generation. Across the UK, family-owned businesses provide work placements, apprenticeships, entry-level jobs, training and long-term career opportunities for young people, rooted in the communities they serve.

“This is what family businesses have done for generations, and what they want to continue doing. They stand ready to play their part in creating opportunities and equipping young people with the skills they need to succeed. A strong partnership between education and business is essential to delivering the skills that good growth depends upon.

“Government has a vital role to play alongside employers and education. Family businesses need the confidence to invest for the long term, with a clear signal that those creating opportunities for young people will be backed by a Government committed to reducing the regulatory burdens associated with offering placements, apprenticeships and training.

“If Government can provide that confidence, family firms will help deliver the jobs, skills and opportunities that the next generation needs, while driving sustainable growth in every part of the UK.”

Family Business UK joins prime minister’s first talks with business leaders

Family Business UK has joined Prime Minister Andy Burnham’s first talks with leading business organisations, as the new Government set out plans for a stronger partnership with businesses to drive investment, create jobs and deliver growth across the country.

Neil Davy, Chief Executive of Family Business UK, spoke with the Prime Minister alongside representatives from organisations including the British Chambers of Commerce, Federation of Small Businesses, Institute of Directors, Make UK and ScaleUp Institute.

The Prime Minister used the discussions to outline a new offer to British businesses, focused on greater certainty, clearer long-term direction, faster decision-making and giving businesses a stronger voice in shaping government policy.

A central part of the discussion was the role businesses can play in tackling rising youth unemployment and skills shortages. The Prime Minister called on employers to work with Government to restore the first rung on the career ladder for young people, while helping businesses develop the skilled workforce they need to grow.

Neil Davy, Chief Executive of Family Business UK, said:

“It was encouraging to be part of the Prime Minister’s first discussions with business organisations and to hear his commitment to building a stronger partnership between government and business.

“The Prime Minister is right to put tackling youth unemployment at the heart of that partnership. Family businesses invest in people for the long term, providing apprenticeships, training and that crucial first opportunity for young people to get into work and build a career.

“There is significant common ground with our recently published Policy Agenda, from creating a fairer system of taxation to creating those opportunities for young people by breaking down barriers to employment.

“We look forward to working with the Prime Minister and his Government to turn these shared ambitions into practical action and ensure family businesses can continue building Britain for generations.”

FBUK will continue working with the Prime Minister and the new Government to ensure family businesses have a strong voice as these priorities are taken forward.

During the roundtable discussion, Neil informed the Prime Minister and senior government officials that, if the Government wants to drive sustainable growth in every postcode and unlock the full potential of family businesses as partners in creating opportunities for young people, it must reopen the Business Property Relief (BPR) conversation and review the damage these changes are having on family-owned firms.

With family businesses operating in every part of the country, employing locally and investing for the long term, there is a significant opportunity to put them at the heart of the Government’s plans to tackle youth unemployment, unlock investment and deliver sustainable, place-based growth across the UK.