In the News: Steve Rigby explains why he is backing Family Business UK’s manifesto
20 Nov 2023
Steve Rigby, Co-CEO of Rigby Group, in his capacity as Board member of Family Business UK (FBUK), is this week supporting Family Business Week (w/c Nov 20th) and FBUK’s Manifesto Taking the Long View, which calls for UK policy changes to unleash the untapped potential of the sector.
Steve shares his thoughts in today’s Times in which he argues that the UK is a leader in starting private businesses but seriously falls behind its international counterparts when it comes to maintaining them for the long term rather than selling out, often overseas.
Family firms such as Rigby Group contribute an estimated £200 billion per annum in UK tax receipts creating business growth, jobs and contributing to their communities up and down the country. FBUK is looking to ensure UK policy is creating an environment where family businesses can thrive, boost the UK economy and create more jobs.
The UK’s family business sector is a true British success story:
- Representing nine in ten private sector firms
- Employing almost 14 million people
- Generating nearly £2 trillion in turnover