Extended bank holiday in June for Queen’s Platinum jubilee should become a permanent fixture each year… as it will BOOST workers’ productivity, business bosses say
- Bosses representing British firms have written to Boris Johnson and Rishi Sunak
- Supporters include Dragons’ Den star Deborah Meaden and UK trade bodies
- They claim the Government currently over-estimates the cost of public holidays
- Government estimates each bank holiday costs £1.4bn but PwC says it’s lower
Businesses have called for this year’s extended June bank holiday to be given a permanent place on the calendar.
Bosses representing British firms have today written to Boris Johnson and Rishi Sunak urging them keep the extra day off in the diary.
They claim the Government currently over-estimates the cost of public holidays and that a new one would help to boost health and productivity.
The end-of-May bank holiday is being pushed back to Thursday June 2 to extend the weekend of the Queen’s Platinum Jubilee celebrations.
Supporters of the campaign – including Dragons’ Den star Deborah Meaden, Britain’s biggest business group the Confederation of British Industry and trade body UK Hospitality – say it would be ‘a fitting tribute to Her Majesty’s 70 years of public service’ and would also help out firms which rely on tourists and shoppers.
The Government estimates that each bank holiday costs £1.4billion.
But research by accountancy giant PwC suggests the figure is overestimated and a Monday off would cost £877million and a Friday £786million.
Supporters of the campaign to extend the June bank holiday– including Dragons’ Den star Deborah Meaden, pictured
Those backing Mrs Meaden include Britain’s biggest business group the Confederation of British Industry, bars and restaurants trade body UK Hospitality, and brands such as Siemens and Punch Pubs.
Mrs Meaden said: ‘The Great British bank holiday is enjoyed by one and all across society. We all have fond memories of trips away, gatherings with friends, or just enjoying some relaxing time with loved ones.
‘But it’s also a major boon for many businesses – especially those sectors that have struggled during the pandemic. I’m backing the campaign because I think it will be a fitting tribute to Her Majesty’s seventy years of public service, and that of all the people who make our communities kinder, nicer places to live.’
They claim the Government currently over-estimates the cost of public holidays and that a new one would help to boost health and productivity. Pictured: Purley Cross and town centre in Surrey
The businesswoman, who founded a number of small companies in the leisure and retail sector and took over her family’s holiday business before becoming an investor on BBC Two’s Dragons’ Den, said a permanent extra day off would also ‘provide the country with a social and economic stimulus we need after a difficult few years’.
If the June bank holiday is turned into a permanent feature, the UK would have nine public holidays in a normal year – still behind Germany and France, who each have 11.
Kate Nicholls, chief executive of UK Hospitality, said: ‘It is time for a Thank Holiday to mark the astonishing and enduring service of Her Majesty the Queen. Such a day would also provide the chance to recognise the fortitude of the entire nation, and local community heroes, in pulling through the challenges of the past two years.’
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