Most directors do not support trading on Christmas Day and the majority of them let their staff leave work early on Christmas Eve.
According to a December survey by the Institute of Directors, 89% of its members were opposed to businesses and shops opening on Christmas Day and 93% of them allowed staff to go home early on Christmas Eve.
Richard Wilson, Head of Business Policy, said:
“The run-up to Christmas is a busy time for many businesses, particularly those in the retail trade, the tourist and hospitality sector and the organisations that supply them. This is because there is usually a surge in demand for the products and services in these sectors.
“By the time of Christmas Eve, most directors and their employees are in a need of a well-earned break. All the more reason to keep Christmas special and close down for the day.”
He continued:
“Our survey shows that the vast majority of directors celebrate Christmas in one way or another – 84% hold a party, reception or Christmas meal for their staff – 56% send charity Christmas cards and 29% give gifts to clients, contacts and other business associates.
“Many directors also want to help others through charitable donations – 31% of directors’ businesses made charitable donations at Christmas, with the typical sum given being around £500.”