Extra bank holiday confirmed for King Charles III Coronation

Extra bank holiday confirmed for King Charles III Coronation

The government has announced that there will be an extra bank holiday next year in all parts of the UK on Monday 8^th May 2023 to mark he Coronation of King Charles III.

• This takes the number of bank holidays next year from the standard 8 days in England and Wales to 9 days
• It is most likely that this bank holiday will be treated the same as other bank holidays, which means that employers may choose to treat this the same as other additional bank holidays.
• There is no statutory right to time off, so employers will need to review the contracts of employment to determine whether the staff are automatically entitled to the extra bank holiday
• Of course, where contracts do not include an automatic right to time off, employers can choose to give their employees an additional days’ paid leave should they wish
• For workers that are required to work on the additional bank holiday, there are no statutory rules regarding extra pay on bank holidays. This will depend on the wording of the employment contract and any custom and practice that have been set on previous bank holidays, such as for the Queens funeral in September 2022.