Family business booming

Posted on 09 Sep 2021
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 Family businesses booming

Research compiled by Oxford Economics for the Institute of Family Business has found sales in family-run businesses increased by 2% to £1.3trn in the UK last year. The number of people employed by such companies also rose by 6%, with family firms now employing more than 11.9m people and paying £125bn worth of taxes each year.

Source: The Independent (14/03/2016)

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