How inflation, competition for talent and rising employment costs could affect your family business Exploring Family Business

The final episode sees George Lagarias (Chief Economist at Mazars in the UK), join Natalie Wright to discuss the economic landscape and how its affecting family businesses in the UK. We touch on various sectors including manufacturing, retail, and wholesale as well as property and construction. Although still in the midst of a global pandemic, we are moving away from lockdowns, resulting in more demand for products; the result being a demand for employees, rising business volumes, and a more optimistic future for businesses. However, against this backdrop, concerns around inflation, pivoting business models, rising employment costs, and the need for more rapid digital transformation are all things we need to contend with.