All work and no play for small business bosses

Mortgage brokers and IFAs are among small business bosses working too hard to be able to spend time with their friends and family

Research by Abbey National business suggests a third of business owners say they have lost touch with friends because of work pressures, with nearly one in ten (8%) admitting they are lonely because of the long hours they work.

Now Abbey National business is urging bosses to &#39get a life&#39 and avoid burning out from the stress of work and long hours.

Gary Hockey-Morley, director of Abbey National business, says: “Bosses should make a concerted effort this year to take a break from work and make some free time to spend with their friends and families.

“British small business bosses often work 70 hours a week or more. They are in danger of working too hard, making themselves sick and damaging their businesses. And if they&#39ve lost touch with friends because of work, they should pick up the phone and give them a call.”

The research also suggests that bosses spend an average six hours a week socialising with friends after work, with men tending to spend an hour more per week than their female counterparts mixing with friends. The manufacturing industry is the most sociable sector, spending on average 7.5 hours a week out and about after work.

By region, bosses in the North-East suffer the most from not socialising, with 13% admitting they are lonely. Nearly one in 20 (17%) workers in outdoor jobs including agriculture, fishing and forestry admit they are lonely.