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A century after the 1871 act, the Banking and Financial Dealings Act 1971 (c. 80), which currently regulates bank holidays in the UK, was passed. [14] The majority of the current bank holidays were specified in the 1971 Act: however New Year's Day and May Day were not introduced throughout the whole of the UK until 1974 and 1978 respectively. [15]
This page was last edited on 20 February 2023, at 03:29 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
A bank holiday is a national public holiday in the United Kingdom and the Crown Dependencies, and a colloquial term for a public holiday in Ireland. In the United Kingdom, the term refers to all public holidays, be they set out in statute, declared by royal proclamation , or held by convention under common law .
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In the United Kingdom, the Civil Service is the permanent bureaucracy or secretariat of Crown employees that supports His Majesty's Government, the Scottish Government and the Welsh Government, which is led by a cabinet of ministers chosen by the Prime Minister of the United Kingdom of Great Britain and Northern Ireland.
Prior to the 20th century, the leader of the British government held the title of First Lord of the Treasury, and not that of Prime Minister of the United Kingdom. Therefore, the list below refers to the "Head of Government" and not the "Prime Minister". Even so, the leader of a government was often colloquially referred to as the "prime ...
The sector contributed a gross value of £86 billion to the UK economy in 2004. [3] The industry employed around 1.2 million people in the third quarter of 2012 (around 4% of the British workforce). The estimated amount of total taxes paid by the Financial Services Sector in the year to 31 March 2012 is £63bn, 11.6% of the total UK government ...
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