BESA Chief Executive David Frise sits down with Fiona Graham, Chief Operating Officer at Family Business UK, to unpack what recent inheritance tax reforms mean for family-owned firms. From her journey in public affairs to leading the national body championing these enterprises, Fiona shares candid insights on succession, governance, and giving family businesses a stronger voice in policy debates.

She explains why the government’s changes to business property relief could put long-standing firms at risk, why specialist advice is now essential, and how planning early can protect continuity. Despite her pessimism about policy shifts, Fiona remains optimistic about the resilience, creativity, and future growth of family businesses across the UK.