Bank holidays are often accompanied by grim analyses of their cost to the economy.

One such report was produced by the Centre for Economic and Business Research, and it still gets quoted quite often. But now the CEBR has looked at the other side of the coin: their potential benefit.

That’s relevant because the number of days of bank holiday in the UK is very low by international standards – just eight in the year – and because of the mooted plans to create an additional one this year, in October.

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