Monday, April 09, 2012

Think-tank calls for all bank holidays to be scrapped


If public holidays were scrapped it would add £19bn to Britain's annual economic output, a think tank says.
The Centre for Economics and Business Research says each bank holiday costs the UK economy £2.3bn.
England and Wales usually get eight bank holidays a year, with nine in Scotland and 10 in Northern Ireland.
This year Easter and the extra bank holiday for the Diamond Jubilee means there are five in April, May and June in England, Wales and Northern Ireland.
The Centre for Economics and Business Research says that if bank holidays were scrapped, Britain's GDP would be £19bn higher every year.
They also suggested that public holidays should be spead more evenly throughout the year

BANK HOLIDAYS 2012
England and Wales - 2 January; 6 and 9 April; 7 May; 4 and 5 June; 27 August; 25 and 26 December

Comparison of public holiday entitlement
Selected countries
Number of days
Source: Mercer HR, December 2011
Japan, South Korea
15
Spain, Malta
14
Portugal, Austria
13
Greece, South Africa
12
France, Italy, Brazil, New Zealand
11
Australia, Finland, Norway, Belgium, US
10
Canada, Ireland, Germany
9
UK, Netherlands
8

http://www.bbc.co.uk/news/business-17654781


The above figures show, the UK is one of the countries with the least number of public holidays per year.

As for the suggestion of spacing them more evenly throughout the year, most of the holidays are connected with religious holy days, so without a hasty re-write of the bible I can’t see them changing.

And as a final, point regarding working hours, no employer ever gave his workers one extra minute off, let alone an hour or a day without it being squeezed out of them like blood from a stone and being accompanied by howls and cries that it would ruin them.


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