Budget could destroy seventh-generation pub giant, warns boss Business The changes announced in the Budget represent an ‘existential threat’ to the future of a seventh-generation pub and brewing giant, its owner has warned. William Lees-Jones, who owns and runs Manchester-based JW Lees, which has produced real ale since 1828, has warned he is now “facing the very real prospect that we will never be able to [...]
No10 warned over risk of ‘killing off’ family-run firms Politics Downing Street is attempting to weather a storm whipped up by entrepreneur James Dyson over changes to the inheritance tax treatment of family-run businesses. In an article in the Times, Dyson accused the government of “killing off family businesses, individual aspiration and economic growth” with their approach to death duties in the Budget. The high-profile [...]
UK family businesses fear ‘dishonesty’ in Labour’s tax plans Entrepreneurship UK family businesses are beginning to fear dishonesty within Labour's tax plans set to be revealed in the upcoming Autumn budget, a new poll has found.
How Heck! sausage mogul rejected yachting career to captain family business September 6, 2024 Following a rocky five years which saw sausage maker Heck plummet into the red, the 33-year-old entrepreneur at the helm of the family business said growth is finally on the horizon. From a pre-tax profit of almost £722,000 in its 2018 financial year, in 2021 the brand, which is headquartered on a 500-acre farm deep [...]
Women more likely to find top roles at family-run businesses – here’s why March 1, 2024 The analysis, compiled from the 2023 London Stock Exchange and IPO data and conducted by Investec Wealth & Investment (UK), showed just 16 per cent of directors of the firms that completed IPOs in 2023 are women.