Coronavirus: Lloyd’s of London to close underwriting room from today March 19, 2020 Insurance market Lloyd’s of London is to close its underwriting room from 4pm today because of the coronavirus crisis. Last Friday it closed its underwriting room, which is at the heart of its Lime Street headquarters, to simulate a shutdown and test its contingency systems. Lloyd’s has been trying to push the market to move [...]
Lloyd’s of London prepares for Brexit with new European team December 20, 2018 Lloyd’s of London has appointed a team to head up its Brussels hub as the insurance giant seeks to insure itself against Brexit. Sonja Rottiers takes over as chief executive of newly formed Lloyd’s Brussels. She will be joined on the board by new chairman Michel Flamée, a former board member of the National Bank of [...]
Greene King to close pubs as 10pm curfew cripples sales October 7, 2020 Pub chain Greene King is preparing to permanently close 26 sites, putting hundreds of jobs at risk of redundancy, due to a sharp drop in sales exacerbated by the 10pm curfew on hospitality venues. It has launched a consultation process with 800 employees over the potential job cuts, Sky News reported. The company is seeking [...]
London business confidence falls fast but economy as a whole remains optimistic April 30, 2024 "Businesses are feeling increasingly confident about the economy, coinciding with falling inflation and hopes that interest rates will start to fall this year," Hann-Ju Ho, senior economist at Lloyds said.
Time to celebrate one of London’s overlooked success stories April 29, 2024 The decline of London’s equity market has dominated the headlines, obscuring what has been one of the City’s great success stories.
Vaccine news leads to surge in London business confidence: Lloyds November 30, 2020 London business confidence increased following the news a Covid-19 vaccine may soon be a reality. According to the Lloyds Bank’s Business Barometer for 2020, overall confidence of firms in London rose five points in November to -19 per cent.Firms’ confidence with their own business prospects was -18 per cent, compared to -16 per cent in [...]
Lloyds to reopen new City headquarters this year as it cuts office space June 13, 2024 Lloyds Banking Group plans to move thousands of workers back into a refurbished City base later this year as it focuses on reducing office space.
London business confidence ‘booming’ as lower inflation fuels hopes of a recovery March 27, 2024 London business confidence soared in March as the UK's ongoing economic recovery lifted spirits in the capital, according to a closely watched survey.
British Land chief to step down in November September 10, 2020 Property developer British Land has today announced that chief executive Chris Grigg will step down after 11 years at the helm. Simon Carter, who is currently the firm’s finance chief, will take over the top job, it added. Carter returned to British Land in 2018 after spells as the finance chief at European warehouse business [...]
Majority of London offices cancel Christmas parties in face of new restrictions October 28, 2020 Almost all London offices have parked the tinsel and cancelled their Christmas parties this year, according to new research, as the capital faces a bleak festive season under Tier 2 restrictions. More than 95 per cent of London businesses have cancelled bookings for traditional office parties this Christmas, after the capital’s move to “high” alert [...]