when did new years day become bank holiday
Bank holiday A century after the 1871 Act, the Banking and Financial Dealings Act 1971, which currently regulates bank holidays in the UK, was passed.[11] The majority of the current bank holidays were specified in the 1971 Act: however New Year's Day and May Day were not introduced throughout the whole of the UK until 1974 and 1978 respectively.[12] The date of the August bank holiday was changed from the first Monday in August to the last Monday in August, and the Whitsun bank holiday (Whit Monday) was replaced by the Late Spring Bank Holiday, fixed as the last Monday in May.[13] In 1978 the first Monday in May in the rest of the UK, and the final Monday of May in Scotland, were designated as bank holidays.[14]
List of former European colonies Britain and United Kingdom
Bank holiday Until 1834, the Bank of England observed about 33 saints' days and religious festivals as holidays, but in that year this was reduced to four: 1 May (May Day), 1 November (All Saints' Day), Good Friday and Christmas Day. In 1871, the first legislation relating to bank holidays was passed when Liberal politician and banker Sir John Lubbock introduced the Bank Holidays Act 1871, which specified the days in the table below.[3] Under the Act, no person was compelled to make any payment or to do any act upon a bank holiday which he would not be compelled to do or make on Christmas Day or Good Friday, and the making of a payment or the doing of an act on the following day was equivalent to doing it on the holiday.[4] People were so grateful that some called the first Bank Holidays St Lubbock's Days for a while.[5] Scotland was treated separately because of its separate traditions: for example, New Year is a more important holiday there.[citation needed]
Paris Peace Accords
East India Company The company received a Royal Charter from Queen Elizabeth I
National Insurance NI was first introduced by the National Insurance Act 1911 and expanded by the Labour government in 1948. The system was subjected to numerous amendments in succeeding years.