© 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
Cost-Effective Ways to Upgrade School Facilities
News
27/09/2024Cost-Effective Ways to Upgrade School Facilities

With an increased demand for efficiency and modernity in educational institutions, School Administrators often face tight budgets when upgrading school facilities, but some cost-effective renovations can bring significant improvements. Implementing thoughtful,

Read Full PostRead - Eye Icon
People’s Bank of Zanzibar successfully deploys Bank-BI® AML from Pio-Tech
Leadership
05/11/2019People’s Bank of Zanzibar successfully deploys Bank-BI® AML from Pio-Tech

Pio-Tech the leading provider of Banking Business Intelligence and Performance Management Solutions in the Middle East and East Africa announces the successful completion of Bank-BI® AML project, which went live recently at People’s Bank of Zanzibar.

Read Full PostRead - Eye Icon
Cargill Beefs up Capabilities, Commitment to Protein, with South Carolina Plant Purchase
M&A
04/03/2016Cargill Beefs up Capabilities, Commitment to Protein, with South Carolina Plant Purchase

People in the eastern United States enjoy good beef burgers and beginning this spring Cargill will be able to better meet those needs through the acquisition of the FPL Food, LLC ground beef processing plant in Columbia, S.C. Purchase of the 100,000-square-foo

Read Full PostRead - Eye Icon
All Your Currency – In Our Superapp!
News
15/06/2023All Your Currency – In Our Superapp!

Sydney-based company Bano SuperApp (Bano) allows customers to spend, pay, save, and invest, all from one virtual account. Designed for millennial and gen-z clients, the Bano superapp features a range of local, and global, financial offerings on one integrated

Read Full PostRead - Eye Icon
The Race to Net Zero: How Businesses Can Cut Energy Costs and Carbon Emissions Simultaneously
Corporate Social Responsibility
15/04/2025The Race to Net Zero: How Businesses Can Cut Energy Costs and Carbon Emissions Simultaneously

Andrew King is the founder of SGT, a Buckinghamshire-based firm helping businesses across the UK find commercial energy tariffs that meet their needs while keeping costs low. Andrew explores how businesses can cut energy costs while also cutting down their car

Read Full PostRead - Eye Icon
7 Ways to Cut Business Costs Through Cloud Computing
Innovation
03/11/20217 Ways to Cut Business Costs Through Cloud Computing

Various businesses all over the globe are eager to find ways to minimize their operating costs. With the advancements in the industry, a steadily increasing number of companies are turning to the cloud.

Read Full PostRead - Eye Icon
Accelerating Subscription Business Growth With AI
Innovation
07/08/2024Accelerating Subscription Business Growth With AI

Customer retention is a top priority for businesses with subscription-based models. However, subscription business leaders are often challenged with turning their enterprise customer data into targeted interventions that result in retention improvement.

Read Full PostRead - Eye Icon
Six Tips for Information Exchange in Due Diligence Investigations and M&A Transations
M&A
05/10/2023Six Tips for Information Exchange in Due Diligence Investigations and M&A Transations

M&A deals made with UK involvement fell to a 14-year low in 2023 to a total value of £144.7bn. This is down from last year by 45%, the lowest year-to-date total since 2009 amid the turmoil of the global financial crisis. M&As involving a UK target have also o

Read Full PostRead - Eye Icon
AI Visibility: The Due Diligence Factor Nobody’s Talking About
Technology
05/02/2026AI Visibility: The Due Diligence Factor Nobody’s Talking About

When evaluating an acquisition target, most due diligence teams examine financials, legal exposure, customer concentration, and technology debt. Almost none examine AI visibility. That’s a blind spot that’s about to cost acquirers real money. The H



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