© 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
YFM Equity Partners announces £60m first close of its Buy-Out Fund II
Finance
12/06/2019YFM Equity Partners announces £60m first close of its Buy-Out Fund II

YFM Equity Partners (YFM) announces the first close of its Buy-Out-Fund II with £60m of investment committed. This follows the £45m raised for its Buy-Out Fund I, which had a final close in April 2017. Only two years later, and following the recent investmen

Read Full PostRead - Eye Icon
Makesworth: More Than Just Accountants
Strategy
24/05/2018Makesworth: More Than Just Accountants

Makesworth Accountants is a leading firm of Chartered Certified Accountants located in Harrow.

Read Full PostRead - Eye Icon
SoftServe Acquires Coders Center to Advance Enterprise Platform Expertise
Innovation
20/01/2017SoftServe Acquires Coders Center to Advance Enterprise Platform Expertise

SoftServe, a leading digital solutions company, today announced that it has acquired Coders Center, a privately-held enterprise technology firm headquartered in Poland. The transaction closed on January 17; financial terms were not disclosed.

Read Full PostRead - Eye Icon
CEO of the Year, UK
Leadership
18/03/2016CEO of the Year, UK

CEO of the Year, UK

Read Full PostRead - Eye Icon
Customers Aren’t Numbers, But They Really Count
M&A
05/08/2020Customers Aren’t Numbers, But They Really Count

When acquisitions go wrong, it’s because of a failure to look after the people involved, and there are none more important than customers, writes Carlene Jackson of Cloud9 Insight.

Read Full PostRead - Eye Icon
Global Headwinds Fail to Stifle Dubai Property Boom
Finance
31/07/2023Global Headwinds Fail to Stifle Dubai Property Boom

The UAE’s real estate market has outpaced both advanced and emerging economies over the past two years, according to the Bank for International Settlements. As central banks around the world tighten monetary policy, Dubai is setting itself apart. The emi

Read Full PostRead - Eye Icon
Peak Energy Appoints Panoram to Enhance M&A Due Diligence with Generative AI
M&A
27/01/2025Peak Energy Appoints Panoram to Enhance M&A Due Diligence with Generative AI

Panoram, a GenAI software specialist, announced its appointment by Peak Energy, an Asia Pacific focused renewable energy platform backed by Stonepeak, to enhance its merger and acquisition (M&A) due diligence.

Read Full PostRead - Eye Icon
2016’s Most Innovative Company – Kenya
Strategy
31/07/20162016’s Most Innovative Company – Kenya

Formed in 1998, Miller & Company Advocates comprises a team of highly qualified, energetic and dynamic professionals who represent the new face of legal practice that is in tune with today’s business trends and modern client needs.

Read Full PostRead - Eye Icon
Citation Acquires QMS International
M&A
02/07/2015Citation Acquires QMS International

Citation Acquires QMS International



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