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Lloyd’s bans the liquid lunch

Lloyd’s employees can no longer drink alcohol during work hours, under revised guidelines implemented by the market.

“We have updated our employee guidance to provide clarification on the rules around alcohol consumption during business hours,” a spokesman told insuranceNEWS.com.au.

“The guidance removes any ambiguity on the policy. Our employee guidance is normally updated [about every] 18 months to ensure it reflects common practices and standards across the industry and wider business, and… ensures we are in line with a number of businesses in the sector that also adopt similar policies.”

The booze ban has angered employees, with some describing it as “heavy-handed”, according to UK media reports. “Will we be asked to go to bed earlier soon?” one employee said in a BBC report.

The ban does not apply to brokers and underwriters doing business at Lloyd’s, who crowd the bars and restaurants at the adjoining Leadenhall Market every weekday.