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Business management

Backing family businesses in 2024

Here are some of the ways we’ll be getting behind UK family businesses.

Harnessing the power of people

As supporters of Family Business Week in 2023, we talked to thriving family firms around the UK to find out what makes them tick, how they’re planning for continued growth, and what their succession strategies are to manage the arrival of the next generation.

“We are proud partners of FBUK for the third year in a row, celebrating innovative and pioneering family business leaders and organisations that are shaping the future of family business for the next generation,” says Andy Gray, our Managing Director, Commercial Mid-Market.

“We play a key role in supporting family businesses across the UK and have invested in a number of resources and initiatives so family businesses have the support they need.”

Creating a culture of improvement

Our work supporting family businesses continues this year, starting with our contribution to FBUK’s Leadership Guides, focusing on next generation planning and identifying talent.

“We’re delighted with the launch of these FBUK guides as we understand businesses need practical support to help them adapt for the future,” says Catherine van Weenen, our Regional Managing Director, Commercial Mid-Market, London and the Southeast.

Key dates to look out for

2024 Masterclasses

14 May – NEDs Masterclass: Recruiting and attracting NEDs, board composition, assessing skill gaps, differences between family and non-family NEDs, the role of the NED, onboarding and embedding NEDs for value-add

Masterclass: NEDs – FBUK (familybusinessuk.org)

5-7 June – The Faces of Family Business: Harnessing the Power of People

Annual Conference, Liverpool St, London - Family Business UK Annual Conference 2024 – FBUK

 

*As a partner of FBUK, our customers can benefit from FBUK member rates.

This material is published by NatWest Group plc (“NatWest Group”), for information purposes only and should not be regarded as providing any specific advice. Recipients should make their own independent evaluation of this information and no action should be taken, solely relying on it. This material should not be reproduced or disclosed without our consent. It is not intended for distribution in any jurisdiction in which this would be prohibited. Whilst this information is believed to be reliable, it has not been independently verified by NatWest Group and NatWest Group makes no representation or warranty (express or implied) of any kind, as regards the accuracy or completeness of this information, nor does it accept any responsibility or liability for any loss or damage arising in any way from any use made of or reliance placed on, this information. Unless otherwise stated, any views, forecasts, or estimates are solely those of NatWest Group, as of this date and are subject to change without notice. Copyright © NatWest Group. All rights reserved.

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