Sir Robert McAlpine, Est 1869 - privately owned - £1000m turnover
N G Bailey, Est 1921 - privately owned - £500m turnover
Hundreds of SME's employing 50-100 people
10's of thousands of small firms with 5-10 people.
I now own & run my Dad's firm, est 1973
We own fewer and fewer companies.
The current edition of Private Eye discusses this on p41 on the current issue. Private equity companies have bought around 150 companies since the pandemic started.
These companies are parasitic shit-fucks that borrow against the companies they buy, some in order to pay huge dividends to shareholders, while happily laying off staff and closing branches of chains.
Happy to be a feminist SJ(K)W snowflake in a godless universe, no matter what some experts think. And Braun was a twat who's not missed. At all.
One of my main suppliers is Alko-Kober. They were bought by a PE company who then bought up several competitors and aggregated them into a single entity. The original price paid was 1Bn and the recent agreed on-sale (to another PE) is 3Bn. To be fair the level of customer service has fallen but not by much (not that good to start with) the main loss is the subsidiaries who are now at the same mediocre level of the parent rather than the previous service level.
We give £350m a week to the EU. Let's give it to Dido Harding instead.