Never mind Lloyds,City will remain streets ahead of its European competitors even whether hundreds of jobs disappear to Paris or Brussels whether Lloyd’s of London is serious approximately banning its brokers from enjoying a pint at lunchtime, which was last month’s edict from the top of the Richard Rogers building, and Brussels is probably not the best place to open a new base. The beer is excellent.
Still,Lloyd’s Belgium-bound contingent will be few in number. The insurance market is moving “a few tens” of jobs from a London office that houses 700. Gags approximately Lloyd’s of Brussels don’t work, particularly as the Belgian subsidiary, or on day one,will employ fewer people than the Chinese one.
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Source: theguardian.com