Extra UK bank holiday in October 'could boost economy by £500m'

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.

Continue reading...

from The Guardian https://ift.tt/36pDSHe

No comments:

Post a Comment