Future of Work

For most workers, telling them they can’t roll into the office stinking of alcohol or high on drugs is unnecessary – because it’s taken as read.

This week, though, the giant Lloyd’s of London insurance market, in the City of London, is setting out a new code of conduct: it felt it needed to remind people.

The 331-year-old institution, where brokers and insurers meet to do business, is regarded as the last bastion of the financial district’s boozy culture.

But after recent revelations of sexual harassment and general boorish behaviour, Lloyd’s has decided to act.

Two years ago the institution banned its staff from drinking between 9am and 5pm. But this only covered about 800 direct employees.

Lloyd’s is made up of thousands more people and independent operators. The organisation says there are about 40,000 pass holders who have access to the building.

Now, anyone deemed under the influence of alcohol or drugs will be barred from the building. Security guards will have the right to confiscate passes of anyone breaching the new rule.

The on-site bar will become a coffee shop. A hotline is being set up to expose bad behaviour. Anyone found responsible for sexual harassment risks being banned for life.

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