TITLE

Extra Jubilee bank holiday 'cost £6bn'

AUTHOR(S)
James Ashton
PUB. DATE
May 2013
SOURCE
Evening Standard;5/17/2013, p47
SOURCE TYPE
Newspaper
DOC. TYPE
Article
ABSTRACT
THE extra bank holiday for the Queen's Diamond Jubilee could have cost the economy up to £6 billion in lost output, the Office for National Statistics said. Its latest article suggested the celebrations last June would have reduced GDP by "0.3 to 0.4 percentage points" in the second quarter of 2012. It added it was impossible to assess the precise impact of the Olympics.
ACCESSION #
87612749

 

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