Department for Culture, Media and Sport Moving May Day Bank Holiday: IA
The Department intends to publish a full Impact Assessment alongside the main consultation.
However, we require further evidence in order to produce this assessment. This section sets out
our current areas of consideration on developing an impact assessment, asks for evidence relating
to these areas and asks if there are other areas and evidence that should also be considered.
Impact Assessment areas
Problem under consideration
The current distribution of Bank Holidays. Chapter 2 sets out how May Day can currently
contribute to a relative concentration of bank holidays, especially when Easter is late. This is likely
to have an effect on the economy but we need to understand what the effect is and whether
changing the distribution would have a positive or negative effect.
Rational for intervention
Discussion and investigation into whether replacing the Early May Bank Holiday with another bank
holiday would be more beneficial than the current arrangements.
To receive evidence and opinion to decide on whether a moving the early May bank holiday to
another point of the year would increase the benefit it provides, or reduces the costs, sufficiently to
justify the transition cost of moving it to a different part of the year
Description of options considered
Do Nothing – The early May Bank Holiday is retained.
Change - The holiday is moved to another part of the year e.g. late October. The pre-consultation
will invite suggestions from all stakeholders for a date and occasion for alternatives. From these
suggestions the main consultation will ask for opinions and evidence on a limited number of
alternative dates and occasions.