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      ‘Drag on prosperity’: Next boss demands planning system overhaul in rallying cry for growth

      Simon Wolfson speaking at a business conference, wearing a suit and tie, addressing economic and retail industry topics

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family businesses

  • Reeves’ tax hikes force Timothy Taylor to raise price of a pint

    June 13, 2025

    Chancellor Rachel Reeves’ tax hikes have forced brewer Timothy Taylor to raise its prices as it slammed the “hostile fiscal and regulatory environment” it now faces. The family-owned brewer said its industry is facing “significant input and labour cost increases” as well as dealing with the fall in business rates relief. Timothy Taylor added that it [...]

  • Labour’s not for turning but the Inheritance Tax battle will rumble on

    June 5, 2025

    Civil servants and politicians could not believe their eyes. As the hoarse grumble of diesel motors thundered along Whitehall, a fleet of tractors descended onto Parliament Square, heralded by a cacophony of honks to the tune of Aqua’s Barbie Girl.  Beginning in November, farmers marched to Westminster to protest the government’s inheritance tax (IHT) reforms. [...]

  • Yorkshire Tea: Profit more than doubles as sales pass landmark

    May 23, 2025

    Sales at the owner of Yorkshire Tea have passed the £300m mark for the first time in its history as its profit more than doubled during its latest financial year. The Betty’s & Taylors Group, which can trace its roots back to 1886, has reported a turnover of £319.2m for the 12 months to 31 [...]

  • Labour’s tax policies are hitting the companies they need to build homes

    May 23, 2025

    Construction plant-hire companies are fundamental to delivering the government’s pledge to build 1.5m homes, but they tend to be family businesses – the very kind that are being worst hit by changes to NICs and Business Property Relief, says Steven Mulholland The latest Homes England figures might look promising – more homes completed, more sites started, and [...]

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