I often get asked by customers and partners overseas why our offices are closed for a ‘Bank Holiday’ when we are in the cosmetics business. With the August Bank Holiday almost upon us, I thought it would be good to explain a little more about these holidays.
Originally over thirty days were celebrated by the Bank of England but (unfortunately!) this was reduced to four by the 1871 Bank Holidays Act – the name Bank Holiday was coined because the banks shut during this time so no trading could take place.
There are currently eight bank holidays in the UK each year and the next one occurs on Monday 29th August 2016. Oat Cosmetics will be closed during this time and back open for business from 9 am on Tuesday 30th August 2016.