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happy bank holiday August 27, 2007

Posted by Bradley in : Uncategorized , trackback

Today was the end of a long weekend in the UK (except for Scotland), a day which is described as a bank holiday. Bank Holidays were introduced by the Bank Holidays Act of 1871, subsequently replaced by the Banking and Financial Dealings Act 1971. So London’s financial markets were closed today, even though financial markets in other EU member states were open. Just one indicator that there isn’t yet a single european market.

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