Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Advertising and Sponsorship
    • Profile & Readership
    • Contact Us
    • Latest News
    • Privacy & Cookies Policies
    • Terms of Use
    • Advertising Terms
    • Issue 81
    • Issue 80
    • Issue 79
    • Issue 78
    • Issue 77
    • Issue 76
    • Issue 75
    • Issue 74
    • Issue 73
    • Issue 72
    • Issue 71
    • Issue 70
    • View All
    • About the Awards
    • Awards Timetable
    • Awards Winners
    • Submit Nominations
    • Testimonials
    • Media Room
    • FAQ
    • Asset Management Awards
    • Brand of the Year Awards
    • Business Awards
    • Cash Management Banking Awards
    • Banking Technology Awards
    • CEO Awards
    • Customer Service Awards
    • CSR Awards
    • Deal of the Year Awards
    • Corporate Governance Awards
    • Corporate Banking Awards
    • Digital Transformation Awards
    • Fintech Awards
    • Education & Training Awards
    • ESG & Sustainability Awards
    • ESG Awards
    • Forex Banking Awards
    • Innovation Awards
    • Insurance & Takaful Awards
    • Investment Banking Awards
    • Investor Relations Awards
    • Leadership Awards
    • Islamic Banking Awards
    • Real Estate Awards
    • Project Finance Awards
    • Process & Product Awards
    • Telecommunication Awards
    • HR & Recruitment Awards
    • Trade Finance Awards
    • The Next 100 Global Awards
    • Wealth Management Awards
    • Travel Awards
    • Years of Excellence Awards
    • Publishing Principles
    • Ownership & Funding
    • Corrections Policy
    • Editorial Code of Ethics
    • Diversity & Inclusion Policy
    • Fact Checking Policy
    Original content: Global Banking and Finance Review - https://www.globalbankingandfinance.com

    A global financial intelligence and recognition platform delivering authoritative insights, data-driven analysis, and institutional benchmarking across Banking, Capital Markets, Investment, Technology, and Financial Infrastructure.

    Copyright © 2010-2026 - All Rights Reserved. | Sitemap | Tags

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    1. Home
    2. >Business
    3. >HIGH DEMAND CONTINUES THROUGH CHRISTMAS FOR 60% OF UK BUSINESSES
    Business

    High Demand Continues Through Christmas for 60% of UK Businesses

    Published by Gbaf News

    Posted on December 20, 2016

    4 min read

    Last updated: January 22, 2026

    Add as preferred source on Google
    This image illustrates key insights from the Digital Marketing Software Market report, highlighting growth opportunities, trends, and consumer behavior from 2025 to 2032.
    Digital marketing software market growth insights and trends - Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    More than one-third (36%) believe they could make additional revenue during the holidays if their business ran at full capacity

    • 60% of UK businesses experience same or higher levels of demand during the Christmas holiday season
    • 21% of businesses suffer because they cannot meet demand
    • 95% of business owners plan to work in some capacity between Christmas and New Year’s Day
    • More than two-thirds of business owners (37%) miss children’s nativity plays and family gatherings because of extra work load

    This Christmas, business owners might not be getting the break they are hoping for, as nearly two-thirds (60%) of UK businesses experience the same or increased levels of demand during the festive period, according to new research commissioned by freelancing website Upwork. The benefits to be gained from being open for business at Christmas are significant; more than one-third (36%) of businesses predict they could earn up to 50% more if they stayed open during the holiday season. 

    However, business owners face the challenge of how to meet demand during the traditional holiday period when most staff take time away from the office. In fact, more than one-fifth (21%) of businesses suffer as there is less staff to get work done, and they cannot meet the demand.

    In an effort to capitalise on the revenue opportunity available, 95% of business owners will work in some capacity between Christmas and New Year’s Day. This often involves taking on tasks outside of their traditional responsibilities such as customer service (44%) and administrative tasks such as scheduling (70%). For 29% of owners, work involves checking and replying to emails on their phone but another 13% will physically go into the office.

    As a result, not only are UK bosses foregoing time away from the office but 37% miss out on festive family fun such as parties; traveling; spending time with loved ones; and children’s nativity plays or school parties.

    Upwork SVP Rich Pearson said: “Coping with increased demand during the holidays is one of the worst things about owning your own business. With quick, easy access to talent ranging from customer support agents to search engine marketers through freelance websites like Upwork, business owners are no longer forced to choose between putting work first or leaving money on the table.”

    More than one-third (36%) believe they could make additional revenue during the holidays if their business ran at full capacity

    • 60% of UK businesses experience same or higher levels of demand during the Christmas holiday season
    • 21% of businesses suffer because they cannot meet demand
    • 95% of business owners plan to work in some capacity between Christmas and New Year’s Day
    • More than two-thirds of business owners (37%) miss children’s nativity plays and family gatherings because of extra work load

    This Christmas, business owners might not be getting the break they are hoping for, as nearly two-thirds (60%) of UK businesses experience the same or increased levels of demand during the festive period, according to new research commissioned by freelancing website Upwork. The benefits to be gained from being open for business at Christmas are significant; more than one-third (36%) of businesses predict they could earn up to 50% more if they stayed open during the holiday season. 

    However, business owners face the challenge of how to meet demand during the traditional holiday period when most staff take time away from the office. In fact, more than one-fifth (21%) of businesses suffer as there is less staff to get work done, and they cannot meet the demand.

    In an effort to capitalise on the revenue opportunity available, 95% of business owners will work in some capacity between Christmas and New Year’s Day. This often involves taking on tasks outside of their traditional responsibilities such as customer service (44%) and administrative tasks such as scheduling (70%). For 29% of owners, work involves checking and replying to emails on their phone but another 13% will physically go into the office.

    As a result, not only are UK bosses foregoing time away from the office but 37% miss out on festive family fun such as parties; traveling; spending time with loved ones; and children’s nativity plays or school parties.

    Upwork SVP Rich Pearson said: “Coping with increased demand during the holidays is one of the worst things about owning your own business. With quick, easy access to talent ranging from customer support agents to search engine marketers through freelance websites like Upwork, business owners are no longer forced to choose between putting work first or leaving money on the table.”

    More from Business

    Explore more articles in the Business category

    Image for Submit Your Entry for Years of Excellence Awards 2026
    Submit Your Entry for Years of Excellence Awards 2026
    Image for Nominations Open for Travel & Hospitality Awards 2026
    Nominations Open for Travel & Hospitality Awards 2026
    Image for Submit Your Entry Today for Telecom Awards 2026
    Submit Your Entry Today for Telecom Awards 2026
    Image for Submit Your Entries for The Next 100 Global Awards 2026
    Submit Your Entries for the Next 100 Global Awards 2026
    Image for Submit Your Entry: Public Sector & Governance Excellence Awards 2026
    Submit Your Entry: Public Sector & Governance Excellence Awards 2026
    Image for Nominations Invited for Real Estate Development Awards 2026
    Nominations Invited for Real Estate Development Awards 2026
    Image for Submit Your Entry: Process & Product Awards 2026
    Submit Your Entry: Process & Product Awards 2026
    Image for Call for Entries: HR & Recruitment Awards 2026
    Call for Entries: HR & Recruitment Awards 2026
    Image for Submit Your Nominations Today for Education & Training Awards 2026
    Submit Your Nominations Today for Education & Training Awards 2026
    Image for Join the Corporate Governance Awards 2026: Showcase Your Organisation’s Leadership
    Join the Corporate Governance Awards 2026: Showcase Your Organisation’s Leadership
    Image for Submit Your Entry Today for Business Awards 2026
    Submit Your Entry Today for Business Awards 2026
    Image for Decentralized Masters’ ‘family culture’ building trust instead of hierarchy
    Decentralized Masters’ ‘family Culture’ Building Trust Instead of Hierarchy
    View All Business Posts
    Previous Business PostGlimmers of Growth for Sme Lending
    Next Business PostVat Issues Relating to Holding and Finance Structures