Most businesses close on public holidays such as New Year's Day, Good Friday, Easter Monday, May Day Bank Holiday (the first Monday in May), Spring Bank Holiday (the last Monday in May), Summer Bank Holiday (the last Monday in August), Christmas Day and Boxing Day (26 December) although London's essential multiculturalism means you'll always find some shops open.
There are countless festivals and events in London. It all kicks off with the New Year's Eve fireworks and street party in Trafalgar Square, followed by the New Year's Day Parade. On Shrove Tuesday pancake races are held in Covent Garden, and in early May more serious racers take part in the London Marathon.
All London gets its colours on for the FA Cup Final in mid-May. There's even more colour at the Chelsea Flower Show, held in the last week of May.
Trooping the Colour, the Queen's birthday parade, is held in June; Wimbledon runs for two weeks in the same month and London Pride, Europe's biggest gay and lesbian festival, also hits the streets. The raucous Notting Hill Carnival takes over the West End streets in August, although there is now a smaller celebration in Hyde Park, too. In September, some 500 normally inaccessible buildings throw open their doors as part of the Open House weekend. This month, the city also celebrates its greatest natural asset with the Thames Festival on the south bank of the river.
Things wind down as the weather gets colder, though there are plenty of bonfires on Guy Fawkes Night, on the 5th of November. The Lord Mayor's Show is held in late November, complete with floats, bands and fireworks. Trafalgar Square lights up in December with the Lighting of the Christmas Tree.
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