Ungated Post | 29 May 2019
The State of the Nation: the UK Family Business Sector 2018-19
The family business sector is vital to the UK economy. Throughout every region and industrial sector, family-owned businesses are a driving force, employing millions of people, generating more than a quarter of the UK’s annual GDP, and contributing over 20 percent of its total tax revenues each year.
This report presents the most up-to-date evidence on the UK’s family business sector. It investigates the characteristics of family firms – their size, structure, and concentration across different industries – and measures their total economic contribution to UK GDP, employment, and taxes, nationally, regionally, and across each industrial sector. Furthermore, it provides insights into how small- and medium-sized (SME) family businesses are performing, drawing on survey evidence from thousands of businesses across the UK, and sheds light on the unique challenges they face, now and in the future.
Our economic consulting team are world leaders in quantitative economic analysis, working with clients around the globe and across sectors to build models, forecast markets and evaluate interventions using state-of-the art techniques. Lead consultants on this project were:
Oxford Economics’ team is expert at applying advanced economictools that provide valuable insights into today’s most pressing business, financial,and policy issues.
To find out more about our capabilities, contact:
EMEA
Pete Collings
+44 (0)203 910 8078
Email
Americas
Hamilton Galloway
+1 (646) 503 3068
Email
Asia
Christie Tang
+852 3974 8841
Email
Related Services
Post
The Economic Footprint of JLR in the UK
This report examines the economic footprint of JLR in the United Kingdom in 2024. The analysis is conducted both at the national level, as well as on the West Midlands and North West regions, where JLR’s main facilities are located.
Find Out More
Post
Airbnb’s Economic Contribution to APAC in 2024: GDP, Jobs, and Regional Impact
Airbnb's platform connects hosts across Asia Pacific (APAC) with travellers from around the world. Oxford Economics was commissioned by Airbnb to quantify its economic footprint in 10 APAC markets in 2024.
Find Out More
Post
Economic Insights: Airbnb’s Contribution Through the Lens of Oxford Economics
Oxford Economics Australia delivered a tailored economic impact assessment for Airbnb, including GDP contribution modelling, job creation analytics, guest‑spend segmentation, and regional tourism dispersion insights to underpin Airbnb’s stakeholder communications and strategic growth initiatives.
Find Out More