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Business management

Keep it in the family

We’ve used our platform last year to showcase the UK’s family enterprises, exploring why they’re a force for good and learning more about their unique values.

There are more than 5m family firms in the UK, employing 14m people and making a vital contribution to the national economy.

Led by the Institute for Family Business (IFB), Family Business Week (22 – 26 November 2021) highlighted the vital role that these special businesses play in supporting their local communities.

Andy Gray, our Managing Director, Head of Corporate and Commercial Coverage, said: “We know that family businesses form a significant part of the UK economy, representing nearly 30% of UK economic output and employing more than 50% of all those working in the private sector. It’s hugely important.”

Further reading

Family business management: our webinar

Family business spotlight: how Dunsters Farm is boosting business resilience

Family business spotlight: how dynamic thinking is creating opportunities for Westmorland

This material is published by NatWest Group plc (“NatWest Group”), for information purposes only and should not be regarded as providing any specific advice. Recipients should make their own independent evaluation of this information and no action should be taken, solely relying on it. This material should not be reproduced or disclosed without our consent. It is not intended for distribution in any jurisdiction in which this would be prohibited. Whilst this information is believed to be reliable, it has not been independently verified by NatWest Group and NatWest Group makes no representation or warranty (express or implied) of any kind, as regards the accuracy or completeness of this information, nor does it accept any responsibility or liability for any loss or damage arising in any way from any use made of or reliance placed on, this information. Unless otherwise stated, any views, forecasts, or estimates are solely those of NatWest Group, as of this date and are subject to change without notice. Copyright © NatWest Group. All rights reserved.

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