Money Week

The return of the office Christmas party

Nervous nellies are rethinking the seasonal festivitie­s. They shouldn’t – it’s time to get this party started

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Last year, Covid-19 restrictio­ns prevented everyone, apart from those working at Downing Street, from celebratin­g Christmas. Now, however, with most of the population jabbed, it may be time to take the festive jumpers out from the back of your cupboard and put on your fancy hat as “Britain’s businesses are resurrecti­ng the office Christmas party after last year’s distinctly un-festive season”, says Amy Wilson in The Times. Pubs, restaurant­s and venues across the country are already 75% booked up for December – lower than the usual pre-pandemic rate of 95% at this time of year, but still, much cheerier than last year’s disaster.

What’s on the menu?

Pubs and restaurant­s still face an “anxious wait” to see whether early signs of a “late surge in bookings” will materialis­e, says the Financial Times, or even go into reverse due to fears around the new Omicron variant. An “acute shortage of staff” presents another problem. December is usually so profitable for the industry that it is known as the “golden season”, with venues typically making up to 40% more than in other months. Before the pandemic, some London pubs that hosted big office parties could end up making up to £300,000 a week.

For now, the signs are mixed. Some firms have decided that “lavish Christmas parties” are “off the menu”. Law firm Slaughter and May, for example, has cancelled its annual dinner dance in Park

Lane; Lloyd’s of London, the insurance market, has also said it will not host a Christmas party this year having had a big event in the summer. Others, however, are sticking with their plans, even if on a smaller, more socially distanced scale – you can do “digital clay-pigeon shooting” at a venue in Liverpool Street , for example.

It’s a similar story in America, says

Rani Molla in Vox. On the one hand “in-person parties are making a comeback as vaccinatio­n rates and appetites for socialisin­g grow”; yet on the other the events planned will be more “restrained”, with firms limiting sizes. Facebook has already said that it won’t be staging a repeat of its 2019 party, which saw 6,000 people turn up at its New York office to enjoy a

DJ, two Mister Softee ice-cream vans, and thousands of waffles. Meanwhile, PR firm VSC decided to swap its office party “for a company-wide trip to Hawaii” where staff will “zip line, surf and hang out” on the beach.

Boris leads the conga

Firms having second thoughts about office shindigs shouldn’t be so wet, says Judith Woods in The Daily Telegraph. True, we’ve been bombarded with “mixed messaging”: while the work and pensions secretary “urges us not to snog under the mistletoe”, Boris Johnson “can’t wait to lead the conga”. Still, with the vaccine greatly reducing the risk of hospitalis­ation, the “zealous determinat­ion” of those trying to get us to “stay home” is “beginning to border on the unseemly”. So grab your partner by the hand – “as long as he’s got a negative lateral-flow test in his pocket, I’ll be pleased to see him”.

 ?? ?? This year, everyone can enjoy a Christmas party, not just those at Downing Street
This year, everyone can enjoy a Christmas party, not just those at Downing Street
 ?? ??

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