A bank holiday is a public holiday in both the United Kingdom and Ireland. There is no automatic right to time off on these days, although the majority of the population not employed in essential services (e.g. utilities, fire, ambulance, police, health-care, public transport workers) receive them as holidays; those employed in essential services usually receive extra pay for working on these days. The first official bank holidays were the four days named in the Bank Holidays Act 1871, but today the term is colloquially used for public holidays which are not officially bank holidays, for example Good Friday and Christmas Day. Large supermarkets are usually closed entirely on the Sunday before a Monday Bank Holiday, but open on the Saturday and the Monday itself.
Source: http://en.wikipedia.org/wiki/Bank_holiday
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