funk de fino
Dreaming of unicorns
US businesses generally ignore "bank holidays" in favor of striking some balance between giving employees an expected number of recognized holidays and economy-stimulating (and profit-making) work days. Naturally quite a a few bank holidays are observed, but the general economy ticks on regardless of how many vanity days the government obliges itself to observe (and the banking industry for whatever reason sees fit to indulge). Does the British economy really depend so much on the government's power to declare "holidays"? How feudal.
My company is US company and the public holidays are observed far more rigorously than they are in the UK, or my current location, where they can be taken as floater days outside of Christmas or New year. Floater days do not get extra compensation to the worker but they can take that day another time.