© 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
Beech Tree Private Equity Announce Their First Mid-Market Fund, “BTPE FUND 1”
Finance
16/04/2015Beech Tree Private Equity Announce Their First Mid-Market Fund, “BTPE FUND 1”

Beech Tree Private Equity (“BTPE”) today announces the launch of its first fund, backed by leading institutional investors.

Read Full PostRead - Eye Icon
Study Proves Female Board Members Improve Share Price
Finance
22/04/2016Study Proves Female Board Members Improve Share Price

Having female managers on the board improves a company’s share price, according to new research from Skema business school.

Read Full PostRead - Eye Icon
Unemployment Rate Still Masking a Recovery on the Rocks
Finance
26/05/2015Unemployment Rate Still Masking a Recovery on the Rocks

Modest growth in April jobs isn’t enough of a silver lining to hide a bad GDP report

Read Full PostRead - Eye Icon
Greek Consumers Fiscal Future Looks Brighter
Finance
04/08/2015Greek Consumers Fiscal Future Looks Brighter

MoneyGram, an international money transfer service, has resumed international money transfers into Greece, offering hope to Greek consumers and businesses.

Read Full PostRead - Eye Icon
3 Things To Know When Financing Your Small Business
Finance
01/09/20213 Things To Know When Financing Your Small Business

Every small business gets to the point where it needs more money either to go on with its operations or to be able to make the most of an important opportunity to grow. Here are a few things you need to know when financing your small business.

Read Full PostRead - Eye Icon
Unipart Launches National Productivity Campaign in UK
Finance
12/11/2015Unipart Launches National Productivity Campaign in UK

According to the company, which has its headquarters in Oxford, productivity is Britain's biggest issue when it comes to economic growth.

Read Full PostRead - Eye Icon
Manufacturing Growth Going Steady
Finance
24/03/2015Manufacturing Growth Going Steady

Activity in the manufacturing sector remained broadly steady in March, according to the CBI's latest Industrial Trends Survey.

Read Full PostRead - Eye Icon
How to Secure Consistent Work in a Competitive Freight Market
News
13/09/2024How to Secure Consistent Work in a Competitive Freight Market

The logistics and freight industry has seen significant changes over the past few years. The global market is now forecast to be worth $18.69 billion by 2026, at a CAGR of 4.4%. As global trade expands, new technologies emerge, and client needs evolve, securin

Read Full PostRead - Eye Icon
Lazard Advises Optimal Payments Acquisition of Skrill
Finance
09/06/2015Lazard Advises Optimal Payments Acquisition of Skrill

Lazard Advises Optimal Payments Acquisition of Skrill



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