Contents
Matthew Jaffa Policy and Public Affairs Director
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Welcome from FBUK CEO
The missing middle
FBUK new Members
Too often, policymakers have blind spots. As a sector, family businesses are a case in point and mid-market, scale-up family businesses particularly so. At the start of the year, we began a project with the ScaleUp Institute to address this through a granular analysis of this segment of the family business sector. This ground-breaking research has, for the first time, identified family firms that are both scaling (a business growing either turnover or headcount by 20% a year for three years) and mid-market (firms with between 50 and 499 employees and/or a turnover of £10 million to £100 million) – laying out just how critical they are to the UK economy. There are almost 10,000 such family businesses in the UK. They are regional powerhouses, with 90% outside London and 70% outside London and the South East. Together they contribute more than £140 billion to the UK economy and employ over 900,000 people. Scaling family businesses alone generate £72 billion in economic value and support more than 500,000 jobs across the country. We chose to launch our new report – Family Business Scale-Ups: Breaking Barriers to Growth – at a ministerial meeting at the Department for
The importance of community
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FBUK Annual Conference
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FBUK Member honours and awards
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James Reed - back humans, tax robots!
Mark Goyder – stewardship and responsibility
FBUK Corporate Partners
Mid-market Member comment
20 Mid-market: NatWest 22 FBUK Communities
23 175 years of Melton Mowbray Pies 24 Member anniversary – Linney 175 25 Member anniversary – St Austell Brewery 175 26 Tercentenarians – the great survivors 28 Future leaders
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FBUK Issue 8
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