Closing On Bank Holidays Could Cost Small Businesses £2,250 Each
UK small businesses could potentially lose £2,250 each if they opt to close on every bank holiday this year, according to a report by Yell Business. The survey of 1,500 small firms and 1,500 consumers revealed that just 26% of businesses open their doors on bank holidays – despite 86% of the public saying they specifically use the day to shop around. Just 42% of retail, catering and leisure businesses operate as normal – though its suggested many more should consider opening too. When divided by region, the Midlands sees the fewest amount of businesses open on bank holiday at just 16%, while Yorkshire sees the highest, with 37%. The remaining bank holidays in 2017 are as follows: 1 May Monday Early May bank holiday 29 May Monday Spring bank holiday 28 August Monday Summer bank holiday 25 D... »
