A week-long campaign to highlight the UK Family Business sector during the height of the cost-of-living crisis will take place this November when the Institute for Family Business hosts its annual Family Business Week in partnership with NatWest.
As businesses across the UK face a difficult winter caused by rising energy prices, the IFB is championing the work family businesses do to foster economic growth and the role they play in shaping the fabric of their local communities and regions.
As part of Family Business Week, from Monday 21 – Friday 25 November, the IFB will work with the Government to ensure that business support is directed towards those organisations at risk from closing as a direct result of the cost-of-living crisis.
Family businesses from across the country will be sharing their stories of how they are supporting their employees and local communities during the cost-of-living crisis. They will showcase the valuable role that family firms are playing to tackle the climate crisis/creating a more energy efficient economy by making their businesses more sustainable and growing the UK economy.
Neil Davy, Chief Executive of the Institute for Family Businesses, said: “We are very proud to celebrate family business’s place in the world and illustrate how they are the backbone of local communities and integral to the growth of the economy.
“We started Family Business Week to highlight the immense role that family businesses played supporting people and communities during the pandemic. However, this year’s campaign is perhaps even more urgent as thousands of family businesses face skyrocketing energy bills and are worried about how they will survive.
“Family Business Week 2022 is about ensuring the Government realises business support is needed in order for firms to survive the winter.”