© Copyright Acquisition International 2026 - All Rights Reserved.

Article Image - Christmas cancelled for nearly half of SMEs
Posted 18th December 2015

Christmas cancelled for nearly half of SMEs

Zurich’s latest SME Risk Index reveals nearly half (49%) of SME decision makers have worked on Christmas Day.

Mouse Scroll AnimationScroll to keep reading

Let us help promote your business to a wider following.

Christmas cancelled for nearly half of SMEs
Image

Zurich’s latest SME Risk Index reveals nearly half (49%) of SME decision makers have worked on Christmas Day.

Despite being a national holiday, nearly one in five (18%) SME decision makers have had to go into work on Christmas Day, and nearly a third (32%) have sacrificed the festivities to check and send work emails.

Zurich’s latest data has shown that SMEs are missing out on a number of festive moments. Nearly one in ten (9%) have missed their children(s) nativity play and 9% have also missed putting the Christmas tree up. Another milestone in the festive period for many professionals across the country is the work Christmas party, but one in ten (13%) have missed this event. 

Not only have SME decision makers had to work over the Christmas period, they’re also losing out on annual leave. Data from Zurich’s SME Risk Index reveals one in ten (14%) decision makers have not taken any annual leave this year and in addition, almost one in five (18%) have not had more than 10 days off this year.

Jason Eatock, Head of SME at Zurich says:

“It will come as no surprise to SMEs that despite commonly held views about the lifestyle benefits of working for yourself, the reality can be very different. Missing big events such as your child’s nativity play is a high price to pay and shows the pressure many SMEs are under.

“As we look forward to taking some rest over the Christmas season, it seems current economic and political concerns are driving many of our small business owners to carry on working. We hope that everyone gets a chance to enjoy the holidays and as ever we offer our support to make their businesses run as smoothly as possible during the festive season.” 

Categories: Leadership


You Might Also Like
Read Full PostRead - Eye Icon
Saga Welcomes Osborne’s Inheritance Tax Reforms
Finance
09/07/2015Saga Welcomes Osborne’s Inheritance Tax Reforms

In a poll of more than 10,000 over 50s two thirds (65%) thought that the main family home should be excluded from inheritance tax calculations.

Read Full PostRead - Eye Icon
Danaher’s Acquisition of Pall Corporation
Finance
03/06/2015Danaher’s Acquisition of Pall Corporation

Danaher's Acquisition of Pall Corporation

Read Full PostRead - Eye Icon
Global Insurance M&A Highest in Years Due to Low Interest Rates and Low Growth
Finance
11/11/2015Global Insurance M&A Highest in Years Due to Low Interest Rates and Low Growth

According to Moody's Investors Service the growth in M&A in the insurance industry, now at its highest level for many years, has been driven by the weak global economic environment and regulatory changes, spurring many groups to consider business sales, whilst

Read Full PostRead - Eye Icon
The Legal Bridge To Success
Legal
18/06/2021The Legal Bridge To Success

Created by entrepreneurs, for entrepreneurs Tecola is a specialist law firm that was recently awarded the Best Niche Technology & Privacy Law Firm of Belgium for 2021.

Read Full PostRead - Eye Icon
Silverfleet Capital to Acquire Sigma Components
M&A
04/05/2016Silverfleet Capital to Acquire Sigma Components

Silverfleet Capital, the European private equity firm, has today announced its agreement to acquire a majority stake in the aerospace division of Avingtrans Plc (“Sigma Components” or “Sigma”), a UK precision engineering components manufacturer for the

Read Full PostRead - Eye Icon
Experience in Economics Bring Great Greek Success
Legal
05/01/2021Experience in Economics Bring Great Greek Success

Experience is one of the most valuable things that a lawyer can have in their arsenal of services when working on behalf of a client. An experienced lawyer can reach into their own knowledge to come up solutions that many others simply would not be able to. Th

Read Full PostRead - Eye Icon
NEOS Networks bolsters leadership team, making strategic hires in key growth sectors to further support the UK’s connectivity ambitions
Innovation
02/12/2019NEOS Networks bolsters leadership team, making strategic hires in key growth sectors to further support the UK’s connectivity ambitions

New hires form part of wider management restructure at UK telco, which is undergoing period of sustained growth and driving forward innovative connectivity projects.

Read Full PostRead - Eye Icon
What Are the Best Cryptocurrencies to Invest In?
Finance
16/11/2021What Are the Best Cryptocurrencies to Invest In?

Which will be the best Cryptocurrency to invest in 2021? The answer will come from a careful assessment of each distinct asset and its suitability for investing in the global marketplace.

Read Full PostRead - Eye Icon
Manufacturing Cloud Transforms Digital Services
Innovation
24/11/2016Manufacturing Cloud Transforms Digital Services

Mergers and partnerships to be an indispensable part of manufacturing, finds Frost & Sullivan’s Industrial and Process Control Team.



Our Trusted Brands

Acquisition International is a flagship brand of AI Global Media. AI Global Media is a B2B enterprise and are committed to creating engaging content allowing businesses to market their services to a larger global audience. We have a number of unique brands, each of which serves a specific industry or region. Each brand covers the latest news in its sector and publishes a digital magazine and newsletter which is read by a global audience.

Arrow