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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. [13] 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. [14]
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 the Republic of 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 .
A. Anniversary Days Observance Act 1859. Apple Day. Armed Forces Day (United Kingdom) August Bank Holiday.
The August Bank Holiday is a public holiday in the United Kingdom, part of the statutory bank holiday provision. Originally, the holiday was held on the first Monday of August across the country, but was changed in the late 1960s to the last Monday in August for England, Wales and Northern Ireland. It remains the first Monday for Scotland.
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CGS: Credit Guarantee Scheme - a scheme introduced in 2008 allowing banks to issue debt guaranteed by the government. The scheme closed in October 2012. SLS: Special Liquidity Scheme - designed to allow easier access to market liquidity by using UK Treasury securities as collateral. The scheme closed in January 2012.
In several cases, Easter falls onto the latest possible, 17th Sunday of the year. The first time that Easter will fall on April 24 in a leap year will be in 4292 which is also the 115th day of the year. The second latest date for Easter, April 24 or day 114, occurred in 2011. The last time this occurred before was in 1859 and it will not happen ...
“The Bank of England is going to raise rates quite clearly in the depths of a recession, and it appears to be making exactly the same mistakes as they made in 2008,” David Blanchflower ...