The UK Family Business PLC Economy
This report from 2006 was sponsored by UBS and written by Dr. Panikkos Poutziouris of Manchester Business School and CIIM Business School. The focus was on family business’ contribution to the UK economy.
The report found that family firms are the most prevalent form of business organization and they tend to account for approximately half of the economic activity and private employment in the UK. They are one of the engines of the UK economy and their survival, growth, and prosperity is linked to the socio-economic development of the nation.