The turnover of the UK’s top 100 family-owned businesses held up better than the average for UK businesses last year, according to research by private wealth law firm Boodle Hatfield.
Turnover for top 100 family-owned businesses dropped by four percent last year compared to the 11 percent average for all UK businesses in the same period.
Total profits of top 100 family businesses fell by 36 percent from £3.8 billion in 2020 to £2.4 billion in 2021, just higher than the 35 percent...
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