Small business owners must be aware that they will have to give staff an extra day's holiday to mark The Queen's Diamond Jubilee in the first weekend of June 2012.

The government have announced that the extra bank holiday on Tuesday the 5th of June has been created to provide a focal point for the celebrations.

In addition, the traditional Bank Holiday at the end of May will in 2012 be moved to the 4th of June to make it a four-day weekend.