Economists Say Bank Holidays Harming the Economy

The video discusses the economic impact of bank holidays in the UK, highlighting a report suggesting that each holiday costs the economy £2.3 billion. It explores the idea of redistributing holidays more evenly throughout the year. The video also covers public opinion, particularly from the tourism sector, and the government's reassurance that there are no current plans to reduce the number of bank holidays, despite economic concerns.

What is the economic argument presented regarding bank holidays?

How many bank holidays are there this year according to the text?

What is the significance of the Diamond Jubilee weekend mentioned in the text?

What is the public's reaction to the suggestion of scrapping bank holidays?

What does the government say about changing the number of bank holidays?