LONDON WALLET
  • Home
  • Investing
  • Business Finance
  • Markets
  • Industries
  • Opinion
  • UK
  • Real Estate
  • Crypto
No Result
View All Result
LONDON WALLET
  • Home
  • Investing
  • Business Finance
  • Markets
  • Industries
  • Opinion
  • UK
  • Real Estate
  • Crypto
No Result
View All Result
LondonWallet
No Result
View All Result

Cost of living crisis: UK professionals forced to abandon Christmas break amidst financial strain

Philip Roth by Philip Roth
November 27, 2023
in UK
Cost of living crisis: UK professionals forced to abandon Christmas break amidst financial strain
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter


You might also like

Thames Water remains in ‘crisis mode’ – London Business News | London Wallet

An honest review of Acuitas 3 2025 – London Business News | London Wallet

Putin vows to continue the war in Ukraine ‘until he gets what he wants’ disregarding Trumps demands – London Business News | London Wallet

As the cost-of-living crisis intensifies across the United Kingdom, more than half of workers find themselves having to forgo their traditional Christmas breaks, as financial constraints make taking time off unfeasible for the majority.

In a survey conducted by the UK’s leading independent job board, CV-Library, 55% of those facing the harsh reality of working through the festive season cited the pressing need to maintain financial stability in the wake of rising living costs. They simply can’t afford to take the time off.

70.3% of the 2,250 surveyed revealed that their employer doesn’t offer any incentive to work over the Christmas period, and just over half (52.5%) admitted they really don’t like working during this time.

For the people who are able to take the time off, the main reason was to spend time with loved ones and to take a break after a tough year.

Lee Biggins, Founder and CEO of CV-Library said, “The current cost-of-living crisis is casting a shadow over the festive season for UK professionals, as an increasing number find themselves compelled to work through Christmas due to financial constraints.

“It is a stark reminder of the profound challenges individuals are facing in maintaining a work-life balance amid rising living costs. As businesses navigate these difficult times, it is crucial that they also focus on the well-being of their workforce.”



Source link

Share30Tweet19
Previous Post

Asked to get a banana, a BAYC owner narrowly avoids a fake Forbes scam

Next Post

Nuclear’s uncertain role in the shift away from fossil fuels is seen as critical and very contentious

Philip Roth

Philip Roth

Recommended For You

Thames Water remains in ‘crisis mode’ – London Business News | London Wallet
UK

Thames Water remains in ‘crisis mode’ – London Business News | London Wallet

July 15, 2025
An honest review of Acuitas 3 2025 – London Business News | London Wallet
UK

An honest review of Acuitas 3 2025 – London Business News | London Wallet

July 15, 2025
Putin vows to continue the war in Ukraine ‘until he gets what he wants’ disregarding Trumps demands – London Business News | London Wallet
UK

Putin vows to continue the war in Ukraine ‘until he gets what he wants’ disregarding Trumps demands – London Business News | London Wallet

July 15, 2025
Kremlin insider threatens to turn two Ukrainian cities ‘into Hiroshima and Nagasaki’ – London Business News | London Wallet
UK

Kremlin insider threatens to turn two Ukrainian cities ‘into Hiroshima and Nagasaki’ – London Business News | London Wallet

July 15, 2025
Next Post
Nuclear’s uncertain role in the shift away from fossil fuels is seen as critical and very contentious

Nuclear's uncertain role in the shift away from fossil fuels is seen as critical and very contentious

Related News

Donald Trump to visit Ireland next month

Donald Trump to visit Ireland next month

April 22, 2023
Generac stock jumps 5% as profit and revenue overpower analyst estimates

Generac stock jumps 5% as profit and revenue overpower analyst estimates

November 1, 2023
Here’s what changed in the new Fed statement

Here’s what changed in the new Fed statement

July 26, 2023

Browse by Category

  • Business Finance
  • Crypto
  • Industries
  • Investing
  • Markets
  • Opinion
  • Real Estate
  • UK

London Wallet

Read latest news about finance, business and investing

  • Contact
  • Privacy Policy
  • Terms & Conditions

© 2025 London Wallet - All Rights Reserved!

No Result
View All Result
  • Checkout
  • Contact
  • Home
  • Login/Register
  • My account
  • Privacy Policy
  • Terms and Conditions

© 2025 London Wallet - All Rights Reserved!

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?