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Family-owned businesses make a massive impact on the UK economy. The Institute of Family Business’ latest State Of The Nation report bears that out: the family business sector generated over £1.7 trillion in revenue in 2017 for UK public coffers and contributed more than £500 billion of our annual GDP.
The publication of The Sunday Times Rich List a few weeks ago was greeted with a familiar outcry. It's unfair. Capitalism is broken. How can so few people have so much wealth while others have so little? Cue Jeremy Corbyn: it was a "stark reminder of the grotesque inequality that scars our society".
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