A Family Affair
30th November -0001 Barclays
An investigation into the challenges facing the UK family business sector conducted by Barclays Bank.
Open the business pages of any newspaper and you’ll learn all about the ups and downs of a wide array of British businesses. However, those with an annual turnover of less than £5 million tend to get less coverage, despite the fact that this business sector accounts for 99% of the total business stock in England and Wales.
Of these, around three-fifths are family businesses, proving that they are woven tightly into the fabric of the nation’s economy.
This report looks into the nature of the sector and the challenges it faces.