For many family businesses, shares in a trading company form a core part of long-term family wealth. Importantly, they’ve historically provided a tax-efficient way to pass on wealth via inheritance.

Recent announcements around Business Property Relief (BPR) and Agricultural Property Relief (APR) have provided some welcome clarity for family business owners.

Campaigning results in APR/BPR amendments by Government which is welcome but more needs to be done to support family firms.

As the first generation of post-war founders reaches retirement age, a vast number of privately held firms are preparing for ownership transitions on a scale not seen before.

Succession is important but business owners often put off the conversations and decisions because it is perceived as easier to defer it.

Unlike other companies, family businesses typically aim to pass the enterprise to the next generation rather than sell to an external party.

Without a solid succession plan, even the mightiest family business can crumble - a truth that Netflix's new series House of Guinness brings vividly to life.

An ownership strategy provides clarity, alignment, and a foundation for the long-term health of both the family and the business.

We often talk about succession as if it is a baton race. One hand lets go, the other takes hold, and the race continues. Simple. In...

In an era defined by rapid globalisation, digital disruption, and shifting consumer expectations, one business model continues to quietly...

After decades at the helm of a family business—steering it through the highs and lows, the recessions and recoveries—retirement should be...

Major changes are coming to one of the most valuable inheritance tax (IHT) reliefs for UK business owners. From 6 April 2026, sweeping...

Despite concerns around future leadership shortages, UK businesses are not taking sufficient action to strengthen their succession plans,...

As the ‘baby boomer’ generation reaches retirement age, a growing number of family business owners are considering an exit. In fact,...

For family businesses, passing wealth and control to the next generation can be both a strategic and an emotional journey. However,...

A national survey commissioned by UK law firm Brodies LLP has revealed that UK residents aged 50 and over are underprepared for the...

The transition of leadership in a family business is never just about passing on titles or control — it’s about preparing the next...

Family business succession under pressure as one in four lack clear heir, new research finds 92% of family business owners want to keep...

Succession planning is often one of the most delicate and decisive phases in the life of a family business. While many enterprises thrive...

Recent news that Prada has agreed to buy Versace in a £1.1billion deal, that brings together two of Italy’s biggest luxury fashion...