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UK

February 26, 2008

A takeover bid from an Icelandic investment firm threatens to divide a family-owned clothing company.

A takeover bid from an Icelandic investment firm threatens to divide a family-owned clothing company. Men's clothing firm Moss Bros has received a takeover bid of €0.55 per share from Baugur, the Iceland-based investment group, which values Moss Bros at approximately €53 million.

Half the UK super rich prepare to leave or sell UK investments

February 1, 2008

New research shows that UK government plans to tax the country’s UHNWIs will be counter-productive as tax revenues will fall and UK investments will be sold.

The research, carried out by The Society of Trust and Estate Practitioners, shows that over half of the UK’s UHNWIs are already leaving or making contingency plans to leave or sell their UK investments. In addition, one third of wealthy non-doms are leaving, planning to leave or sell UK investments taking £2.1 billion of tax revenues with them.

Chancellor buckles on CGT reforms

January 24, 2008

Bowing to demands from business leaders and investors, Britain’s chancellor of the exchequer, Alistair Darling, has announced concessions to the sweeping reforms that were planned for Capital Gains Tax in the UK.

Bowing to demands from business leaders and investors, Britain's chancellor of the exchequer, Alistair Darling (pictured), has announced concessions to the sweeping reforms that were planned for capital gains tax in the UK.

Billing the climb-down as "entrepreneurs' relief", Darling said the compromise will affect business owners when they sell their business. He said the relief would also be open to employees and company directors who own at least a 5% stake in a qualifying company.

Driving UK family businesses forward

November 1, 2006

A growing, diverse population and global pressures mean that family firms are changing in the UK. Grant Gordon and Alex Scott from the Insitute for Family Business tell Families in Business what is on the agenda for UK family businesses now and in the future

Grant Gordon is Director General and Alex Scott is Chairman of the Institute for Family Business (UK). For more information on the IFB and membership benefits, please visit www.ifb.org.uk.

Asia: Polar opposites

September 1, 2006

Indian family businesses are some of the most optimistic in the world, while UK family family businesses are the least. Anuj Chande, Vishesh Chandiok and Howard Hackney take a close look at what the future holds for family businesses in each country

Anuj Chande is an International Business Partner at Grant Thornton UK; Vishesh Chandiok is Country Director International Business at Grant Thornton India; Howard Hackney is Head of Family Business at Grant Thornton UK.

Learning from the rich

March 1, 2006

The UK’s wealthiest 1% of individuals are knuckled down with a cautious investment strategy keen to preserve what they have. But look out for the ‘affluentials’, says John Clemens, they’re the ones aggressively building their capital and locating growth markets

John Clemens is managing partner of Tulip Financial Research. www.tulipresearch.com

The UK's wealthiest 1% of individuals are knuckled down with a cautious investment strategy keen to preserve what they have. But look out for the 'affluentials', says John Clemens, they're the ones aggressively building their capital and locating growth markets

A stylish investment option

March 1, 2006

Observers had been convinced he would make it too costly, but Gordon Brown’s thumbs up on the launch of UK real estate investment trusts mean family investors have some new investment options to examine – from both the buy and the sell-side, finds Melanie Stern

Melanie Stern is section editor of Families in Business.

Observers had been convinced he would make it too costly, but Gordon Brown's thumbs up on the launch of UK real estate investment trusts mean family investors have some new investment options to examine – from both the buy and the sell-side, finds Melanie Stern

The golden goose

March 1, 2006

UK demographics predict a sharp and rapid rise in the retired population by 2020. So sheltered housing for older people is big business. Churchill Retirement Living is a multi-million pound company and growing. Scott McCulloch inspects the foundations

Scott McCulloch is editor of Families In Business

Breath of fresh air

January 1, 2006

From chicken house ventilation to climate control systems, the O’Hea family have turned the Colt Group into a global concern. Strong research and development and a business-like approach to the family council are the foundations, finds Suzy Bibko

Suzy Bibko is editor of Families in Business.

From chicken house ventilation to climate control systems, the O'Hea family have turned the Colt Group into a global concern. Strong research and development and a business-like approach to the family council are the foundations, finds Suzy Bibko

Alpha’s hot, Beta’s not

January 1, 2005

Exacerbated by high-profile blow-ups, UK pension funds just can’t shake their fear of hedge fund risk, finds Melanie Stern

Melanie Stern is section editor for Families in Business magazine.

Exacerbated by high-profile blow-ups, UK pension funds just can't shake their fear of hedge fund risk, finds Melanie Stern

Not having a taste for risk in its genetics, the UK pension fund market has to work hard to get to grips with the seemingly swashbuckling world of hedge funds.