Bank holidays are days designated by law as holidays for banks and other financial institutions. They are typically observed on national or religious holidays, and vary from country to country. In the United Kingdom, for example, the following days are bank holidays in 2025:
- New Year’s Day – January 1
- Good Friday – March 28
- Easter Monday – March 30
- May Day – May 1
- Spring Bank Holiday – May 25
- Summer Bank Holiday – August 25
- Christmas Day – December 25
- Boxing Day – December 26
Bank holidays are important because they provide workers with paid time off to rest and recharge. They can also boost the economy by encouraging people to travel and spend money.