Inheritance tax toll is mounting on UK family companies

The recent changes in inheritance tax policies introduced by Rachel Reeves in 2024 are posing significant challenges for UK family-owned businesses, potentially stifling their growth and job creation efforts. With these new regulations, many firms may find it harder to expand and could turn to private equity firms for financial support. This shift not only impacts the businesses directly but also has broader implications for the UK's economic landscape, suggesting a possible trend towards greater reliance on external financial entities. For more details, check out the full article on the Financial Times website.