© Copyright Acquisition International 2024 - 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
The World Leader  in Ozone Generators
Finance
02/11/2016The World Leader in Ozone Generators

BiOzone Corporation is a world-leading manufacturer of ozone generators and ozone water treatment process trains, designed to meet a wide range of water and air pollution oxidation needs.

Read Full PostRead - Eye Icon
4 Ways to Make Payment Collection Easier
Finance
13/12/20214 Ways to Make Payment Collection Easier

If you properly take control of your cash flow, there’s a greater chance you’ll take your business to new heights, regardless of your industry. However, effectively managing your cash flow isn’t always simple, and it’s even more difficult when you’re

Read Full PostRead - Eye Icon
New Chairman Appointed to Lead Balfour Beatty Board
Finance
12/02/2015New Chairman Appointed to Lead Balfour Beatty Board

Balfour Beatty, the international infrastructure group is pleased to announce that Philip Aiken will join the Board as non-executive Chairman with effect from 26 March 2015.

Read Full PostRead - Eye Icon
Expertise in All Fields of Business
Legal
10/02/2017Expertise in All Fields of Business

We are a Tunisian law firm of international standing specialised in business law, recently chosen as part of the ‘2016 African Excellence’ awards.

Read Full PostRead - Eye Icon
FCA Publishes Interim Feedback on Review of the Rules for Crowdfunding
Finance
09/12/2016FCA Publishes Interim Feedback on Review of the Rules for Crowdfunding

On 9th December, the Financial Conduct Authority (FCA) gave an update on the post-implementation review of the loan-based and investment-based crowdfunding market. Their earlier call for input raised a number of issues for discussion; the feedback statement pr

Read Full PostRead - Eye Icon
Helsingborg-Helsingør route
Finance
19/03/2015Helsingborg-Helsingør route

First State Investments has reached financial close for its acquisition of the Helsingborg - Helsingør ferry route, raising about €230 million ($261 million) equivalent of debt from three commercial banks and a debt fund. A joint-venture between ferry opera

Read Full PostRead - Eye Icon
Leading the Way for Client Focused Banking
Finance
15/10/2021Leading the Way for Client Focused Banking

Having won the award for the Best Full-Service Community Bank’ in 2021 for Pennsylvania, Customers Bank has proven its worth time and time again to its customers and staff alike. Focusing on the pillars that keep it standing, it reflects on what about its bu

Read Full PostRead - Eye Icon
5 Urbanisation Challenges That Could Be Easily Handled by AI
Innovation
08/11/20225 Urbanisation Challenges That Could Be Easily Handled by AI

The world is moving faster than ever with billions of people on the move. In fact, by 2050, more than two-thirds of the global population will live in cities.

Read Full PostRead - Eye Icon
Merkle’s Acquisition of Periscopix
M&A
21/05/2015Merkle’s Acquisition of Periscopix

Merkle's Acquisition of Periscopix



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 14 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