BBC News Online: Business: The Economy


Front Page | World | UK | UK Politics | Business | Sci/Tech | Health | Education | Sport | Entertainment | Talking Point | High Graphics | Feedback | Help | Noticias | Newyddion |
Monday, August 2, 1999 Published at 13:59 GMT 14:59 UK

No break for small business owners


No break for small business owners
Small business owners are too busy to take holidays and regularly work 60 hour weeks, a report says.

The Co-operative Bank's workstyle survey found that 30% of those running small businesses took their work with them on holiday, while 83% regularly worked weekends.

Nearly three quarters also never took bank holidays, the report said.

The bank said that those most likely to work on holiday were people running businesses with turnovers in the £250,000 to £500,000 bracket.

Out of those who fitted that group, nearly half said they would expect to take a briefcase or laptop computer with them when they took a holiday.

Tough competition

Nearly 80% of the 302 owners, partners, directors and managing directors polled said that they felt they had to provide an "out of hours" service to their clients and customers in order to remain competitive.

The survey was commissioned by the Co-op bank's Business Direct telephone banking service.

Business Direct spokesman Ryan O'Neill said: "Everyone needs to recharge their batteries, although of course it is understandable that people building up small companies feel they have to be on call while they are on holiday."


The Economy Contents

Internet Links

Co-operative Bank

The BBC is not responsible for the content of external internet sites.

In this section

Inquiry into energy provider loyalty
Brown considers IMF job
Chinese imports boost US trade gap
No longer Liffe as we know it
The growing threat of internet fraud
House passes US budget
Online share dealing triples
Rate fears as sales soar
Brown's bulging war-chest
Oil reaches nine-year high
UK unemployment falls again
Trade talks deadlocked
US inflation still subdued
Insolvent firms to get breathing space
Bank considered bigger rate rise
UK pay rising 'too fast'
Utilities face tough regulation
CBI's new chief named
US stocks hit highs after rate rise
US Fed raises rates
UK inflation creeps up
Row over the national shopping basket
Military airspace to be cut
TUC warns against following US
World growth accelerates
Union merger put in doubt
Japan's tentative economic recovery
EU fraud costs millions
CBI choice 'could wreck industrial relations'
WTO hails China deal
US business eyes Chinese market
Red tape task force
Websites and widgets
Guru predicts web surge
Malaysia's economy: The Sinatra Principle
Shell secures Iranian oil deal
Irish boom draws the Welsh
China deal to boost economy
US dream scenario continues
Japan's billion dollar spending spree


Front Page | World | UK | UK Politics | Business | Sci/Tech | Health | Education | Sport | Entertainment | Talking Point | High Graphics | Feedback | Help | Noticias | Newyddion |


Back to top | BBC News Home | BBC Homepage | ©