The effect of bank holidays on UK small businesses

POSTED: 23rd May 2014
IN: Business news

Bank holidays are undoubtedly welcome news for most individuals in the UK, but for the business world, it can be a different story.

While businesses in certain sectors, particularly retail and hospitality, can benefit from a welcome boost as consumers celebrate a third day off, for many UK SMEs, bank holidays represent lost working hours and reduced orders. Aldermore looks at some of the key statistics behind the winners and losers within the small business community on each bank holiday.


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