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<p>The Government regularly receives requests for additional bank and public holidays
to commemorate a variety of occasions, for example, cultural, historical and military
events. However, there are no current plans to create another bank holiday. The cost
to the economy of additional bank holiday remains considerable. The estimated cost
to the economy for a one-off bank holiday for the Queen’s Diamond Jubilee was £1.2bn.</p><p>
</p><p>The Government recognises the importance of VJ Day, and celebrations will take
place to celebrate the 75<sup>th</sup> Anniversary which falls on Saturday 15 August
2020.</p>
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