Claim: Labour's plan to introduce four extra public holidays could cost Britain almost £10 billion.
Fact-check: Will four extra bank holidays cost us £10 billion? - Full Fact
Verdict: it's difficult to say exactly how much bank holidays affect the economy, but most research seems to agree that they reduce gdp. the £10 billion estimate is based on research from 2012 and the consultancy that produced it says it's out of date.
Organisation: Full Fact
Author: Abbas Panjwani
Date published: 2018-05-04T00:00:00