Family Business Pulse Survey: June 2026
The FBUK viewpoint
of Employment Rights reforms, underpinned by full and meaningful consultation. These measures will help create an environment in which family businesses can feel more confident about creating new jobs. In parallel, stronger fiscal incentives are needed to support young people into work – particularly given the persistently high unemployment rates among 16–24-year-olds. To unlock investment and growth, the UK needs a tax environment that supports the sector’s untapped potential. With the Budget just five months away, government must respond to the priorities highlighted in our survey, most notably delivering comprehensive business rates reform and simplifying the wider tax system. Although businesses report strong confidence in their own growth prospects, this is tempered by significantly lower confidence in the broader UK economic outlook. Bridging this gap is critical. Greater certainty will not only support investment decisions but also underpin effective succession planning and the development of the next generation of leadership. The Family Business Pulse highlights a growing need for enhanced leadership and management development within family firms, to support succession planning and the future health of the sector. FBUK is calling on government to expand Help to Grow 1 , with a stronger focus on succession in family businesses.
Family businesses are eager to grow employment, but increasing cost pressures and geopolitical uncertainty are slowing the pace more than they would ideally like. A renewed focus on reducing the burden of National Insurance Contributions, alongside careful management of the National Minimum Wage and National Living Wage, will be essential. Equally important is the effective implementation
This first Family Business Pulse survey presents a mixed picture of the current operating environment for UK family businesses. While changes to BPR and APR have weighed on employment and investment intentions, the data also show that family businesses remain committed to job creation. However, the conditions in which they operate must be supportive and tailored to their needs.
1 www.gov.uk/business-finance-support/help-to-grow-management-uk
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