The "bank of mum and dad" has a huge part to play in funding many UK startups, with 20 percent of businesses funded by inheritance and a further 19 percent by parents, according to research from wealth manager Charles Stanley.

The research, which sheds light on how business owners are funding and starting their businesses, indicates just how interlinked family and business enterprises have become in the UK. 

The survey of 503 UK business owners and entrepreneurs with a ...