What is Bank Holiday? Bank Holiday Review, Features

What is Bank Holiday? Bank Holiday Review, Features

The UK's national holidays are different from China's. China generally has traditional festivals (such as Qingming Festival, Dragon Boat Festival, Mid-Autumn Festival, New Year, etc.) or major national holidays (such as Labor Day, National Day, etc.), while the UK's are uniformly called Bank Holidays. Except for a few major holidays that can be named, such as New Year, Easter, and Christmas, all others are called Bank Holidays. What's even more unique is that the UK's public holidays are not unified. In addition to a few major traditional holidays, England, Scotland, Wales, and Northern Ireland each have their own different Bank Holidays.


About Bank Holidays

Compared to other European countries, the UK has relatively few public holidays. Usually, these public holidays are also called "bank holidays" because banks will be closed and all transactions will be suspended during the holidays. There are two bank holidays in the UK, namely the Spring Bank Holiday on the last Monday of May and the Summer Bank Holiday on the last Monday of August.


origin

The origin of the Bank Holiday in the UK can be traced back to 1834, when it originally referred to the bank's rest time. In 1871, banker Sir John Lubbock formally proposed to set Bank Holiday as a statutory holiday, which means a national rest day.

The so-called Bank Holiday, as the name suggests, is a day when banks are closed. In fact, banks are not allowed to operate on these days, resulting in the inability to operate in some other industries. Therefore, many British shops will also be closed on this day. However, most shops will continue to operate even on bank holidays. They are named Bank Holidays because on these days, banks are closed and there is no business activity. If a Bank Holiday happens to fall on a weekend, then choose a day in another week (usually the following week) to make up for it as a Bank Holiday.

On Bank Holidays in the UK, everyone has a day off except for special industries (such as water and electricity, firefighting, ambulance, police, health care workers, etc., but they will get double pay on these days). Almost everyone in the UK likes this Bank Holiday very much, because it is a statutory holiday and does not count as leave.


E-commerce activities

-On August 3, 2018, eBay UK flash sale offers 10% off sitewide.

-On August 17, 2018, eBay UK Flash Sale offers 15% off sitewide.

-July 17, 2018, Amazon Prime Day event.

-On August 20, 2018, Amazon announced that it would launch its largest August Bank Holiday promotion ever. The event is limited to Amazon UK and will last for 8 days, from 00:01 on August 22 to 23:59 on August 29.

<<:  What is White Friday? White Friday Review, Features

>>:  What is Negative keywords? Negative keywords Review, Features

Recommend

Lost! Youkeshu failed to complete the performance bet...

In recent times, the 2020 performance reports of ...

Too much joy brings sorrow, sellers’ orders surge and Amazon freezes funds

For all sellers, a surge in orders is a good thin...

Russian e-commerce giant Ozon's orders surged 180% in the second quarter

On August 17, Russian e-commerce giant Ozon relea...

What is WindChi? WindChi Review, Features

Shenzhen Fengchi Overseas Warehouse Technology Co....

What is N11? N11 Review, Features

N11 was founded in 2012. It is a new Turkish e-co...

What is breousa? breousa Review, Features

Breousa is a high-tech enterprise integrating the ...

UK retailers lose £39.4bn in potential sales

British retailers are losing tens of billions of ...

What is Hanyou Logistics? Hanyou Logistics Review, Features

Hanyou Logistics (Shenzhen) Co., Ltd. is a profess...

Consumers want sellers to simplify the shopping experience

Recently, a new Adobe survey covering Europe, the...

What is TransferEasy? TransferEasy Review, Features

<span data-docs-delta="[[20,{"gallery"...

What is City Chic? City Chic Review, Features

City Chic is a leading Australian multi-channel r...

What is Yipin Supply Chain? Yipin Supply Chain Review, Features

Shenzhen Yipin Supply Chain Co., Ltd. provides end...