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Money, money, money!!

(5 Posts)
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Jacey Wed 09-May-12 16:17:19

This I do not understand ...are there any GNetters out there that can help please?

uk.finance.yahoo.com/news/portugal-cuts-public-holidays-to-boost-economy.html

I know that this has recently been spoken about in this country ...but surely ...if one takes the 'argument' to its logical conclusion ...then everyone should be working over the weekends as well ...to raise our 'productivity'? confused

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AlisonMA Wed 09-May-12 16:30:25

Jacey it just isn't going to happen here, no government would dare to suggest it. I think that many countries have a lot more BHs than we do and so can perhaps afford to lose a few.

It is true that the extra one this year will mean lower productivity and that will affect our growth figures for June but we are not in such a bad situation as Portugal, Spain and Greece, there is speculation that even France could be in a worse state than we are but of course it is no 'news' to say that things could be worse!

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Annobel Wed 09-May-12 17:06:27

However, as it's a leap year, we did have an extra working day, Alison. grin

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AlisonMA Wed 09-May-12 17:26:39

True Annobel but that extra productivty doesn't make news because it is good news!

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Anagram Wed 09-May-12 17:50:26

As it says in the article, Portugal will still have one more Bank Holiday than the UK even after getting rid of four!

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