Bosses cancel holiday plans

Some 43 per cent of top executives are scrapping holiday plans this summer because of the recession, concludes a survey of 500 British bosses from recruitment service

An overall 63 per cent of respondents have changed their plans, with more than half revealing a holiday budget cut whilst nearly a quarter deciding to stay at home altogether.

Derek Pilcher, MD of says, ‘Having a strong work ethic is admirable in times of economic difficulty but being able to put some distance between yourself and your office can bring greater perspective.’

A separate survey from stationery company suggests that half of UK managers intend to contact the office this summer while away on holiday, with a quarter checking in once a day.

Nick Britton

Nick Britton

Nick was the Managing Editor for when it was owned by Vitesse Media, before moving on to become Head of Investment Group and Editor at What Investment and thence to Head of Intermediary...

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