Young also described Hunter's whirlwind travels to escape the media on private planes around the holidays in 2007 and 2008.

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"Japanese investors returned from Golden Week national holidays in buoyant mood, bidding stocks in the Nikkei 225 average to their highest since mid-2008, " said Andrew Wilkinson, chief economic strategist at Miller Tabak.

BBC: Dow Jones closes above 15,000 as world shares gain

In the autumn term of 2008, 0.73% of half-days were lost to authorised and unauthorised school holidays and 0.45% were lost in the spring term of 2009.

BBC: Millions of school days lost to family holidays