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No More Liquid Lunches for Lloyd’s of London Employees
Lloyd’s of London, the giant marketplace for many types of insurance, has alerted its 800 employees that they are no longer allowed to drink alcohol from 9 a.m. to 5 p.m. The change is not the result of any alcohol-related problems but simply a move to bring Lloyd’s in line with much of the business in London’s financial sector.
The guidance is intended to reflect common and business standards and “ensures we are in line with a number of businesses in the sector who also adopt similar policies,” the spokesperson said.
Alas, the new rule does not cover insurance brokers and underwriters who work at Lloyd’s for other firms.
The move, no doubt, will bring hardship to some restaurant and pub owners in The City. The cutback in drinking comes as many companies are being hit with thousands of job cuts from the impact of Britain’s vote to leave the European Union.
