See you next Monday? Lloyd’s chief calls on Square Mile to go four-days-a-week

Louis Goss

THE BOSS of Lloyd’s of London has said the City needs “to get Monday back” in order to get the Square Mile back to full speed.

The insurance marketplace’s chief executive John Neal (pictured) said yesterday that while “Tuesdays,

Wednesdays and Thursdays are busy”, he now wants to see more City workers in and around his Lime Street headquarters on a Monday in an interview with the Financial Times.

Neal has long been an advocate for flexibility in work and has driven a dramatic change in working practices at Lloyd’s, with more digital dealing and broking than ever before, moving away from a previous in-person model focused almost exclusively on ‘the room’ at the heart of the Richard Rogersdesigned building.

But Neal has also said that in-person workplaces are “massively important for younger workers”.

The Lloyd’s boss has argued working in the office helps to “develop… the next generation”, claiming more experienced staff owe a “responsibility” to less experienced colleagues.

Last week it emerged that Lloyd’s of London was minded to remain in its current location, having previously mulled alternative building options.

The marketplace will announce full year financial results in a fortnight, with analysts optimistic.