It's such utter nonsense.
Yes there's an extra bank holiday... but on that day people will be spending. Indeed for many it'll be one of the busiest and most profitable weekends of the year! And there's the additional tourists, global publicity for the UK, etc, like with the Royal Wedding.
What alot of rubbish the Governor does spout! The Jubilee will, just like the Royal wedding, give us a mini boost and the growth figures will have be better than without it.
OR IS IT LIKE THIS? : I think the British economy will contract because there's leaves on the line init and all the jobs are being taken by people who want to work. "Is it coz i is british?" asked a 24 year old man from the midlands who has yet to land his first job. He did a one day trial in a cafe and lost out to a polish man. He then stuck it out on benefits for another year until someone told him he'd be cut off from JSA if he didn't sign on by 10am. He ran to the office so fast it was unbelieveable. But it did take 3 days kip to get over it after. When asked if inflation affected him he said, "If you don't hold the pump right the bed just goes down dunit".
Surprising what happens to people even when they have 5 GCSE's at grade C or above.
Edited by plummet expert, 27 March 2012 - 09:19 PM.