CEBR recalculates one-day shutdown as financial boost after ‘enforced abstinence’ from Covid-19 lockdown
A prominent economist, who once suggested that the average bank holiday left the UK with a bill for billions of pounds, says an extra national holiday in October might boost the country’s economy by £500m.
Douglas McWilliams, deputy chairman of the Centre for Economics and Business Research (CEBR), also suggested a move towards a four-day working week could help the UK’s finances – in an apparent reversal of his thinktank’s previous position.
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