Half of UK business managers claim they are working longer hours, according to a business survey.
The I in Business Survey 2001, carried out by the British Chambers of Commerce and banking firm HSBC, revealed that 49 per cent of business managers say they are putting in longer hours than they were five years ago.
Over 50 per cent claim that the introduction of new technology has not eased their workload.
“Business people appear to be under increasing pressure to match technology’s capacity to deliver results fast,” the report says.
The survey also reveals three quarters of business managers think that the Government is increasing red tape. 77 per cent said they believed bureaucracy and red tape was on the increase.
It claims that large businesses appear to be suffering more than small and medium size firms as a result.
Over 6,000 UK business managers participated in the survey, which asked about their motivation, workload, and business performance. Over half of businesses surveyed had a turnover of £500,000 or more, and employed more than 20 people.