Let's get rid of bank holidays Print
Written by Dr Eamonn Butler   
Thursday, 23 August 2007
An extra three bank holidays and paid paternity leave are apprently among ideas that have been considered by a Conservative policy group, Channel 4 News reported recently. It had seen an early version of ideas being submitted to quality of life review group, but party insiders said the ideas had not reached the final report.

Good. We don't need new bank holidays. Indeed, we should scrap the existing ones, and let employees negotiate their own holidays.

The trouble with bank holidays is that they are the same for everyone. So, around this weekend in August, for example, the entire UK population gets into its cars and heads for the beach. But of course the traffic is so severe that few of them ever make it. If people had exactly the same holiday entitlement, but could choose when they took it, the dash to get away would be more evenly spread out, and the roads and airports less congested. And, indeed, people would not have to take their holiday on a Monday if it did not suit them: they could pick another day of the week, or even lump their holidays together.

In a cash-only society, closing the banks meant businesses couldn't operate, so all workers got time off. And so it continued, until Jim Callaghan's administration decided to make the unions happy with a new May Day bank holiday – leaving us with far too many holidays in rainy April and fickle May, rather than in sunny (well, sometimes sunny) June, July, and August. Various other holiday suggestions have been made – such as Shakespeare's birthday or the anniversary of the Battle Trafalgar (which would at least irritate the French). But nobody ever suggests scrapping an existing holiday to compensate. Politicians fear the public would resent their bread and circuses being snatched away.

Bank holidays are a travel nightmare, and the system is jumbled, paternalistic, and out of date. In the modern world of business and employment, where flexibility is key, it should go, and free agents in the labour market should agree their own.
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