The government is currently considering the idea of an extra October holiday.
Parliament’s digital, culture, media and sport committee has floated the idea, with committee chair Julian Knight saying it will encourage domestic half term holidays and provide an opportunity to celebrate keyworkers.
Now the Centre for Economics and Business Research has backed the proposal, saying the initial cost to employers will be more than made up in expenditure in the general economy.
CEBR believes that with only eight bank holidays a year, the UK already lags behind other nations.
