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FinanceLloyd's

This Bank Has Officially Outlawed the 3 Martini (or 1 Beer) Lunch

By
Madeline Farber
Madeline Farber
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By
Madeline Farber
Madeline Farber
Down Arrow Button Icon
February 16, 2017, 8:41 AM ET
Lloyds Banking Group Plc Bank Branch Ahead Of Earnings
Photo by Bloomberg —Getty Images

If you work at Lloyd’s of London, it’s probably best to forgo that pint (or two) during your lunch break.

The insurance marketplace has told its 800 or so employees that they are no longer allowed to drink alcoholic beverages from 9 a.m. to 5 p.m, the New York Postreports. The decision comes as the company wants to be “in line with much of the business in London’s financial sector,” according to the Post—not because of any alcohol-related issues.

“It provides clarification on the rules around alcohol consumption, which is prohibited during business hours,” a Lloyd’s spokesperson told the Post in a statement. “The guidance removes any ambiguity on the policy.”

Though it was popular for London’s financiers to drink during the day about a decade ago, this tradition has since taken a backseat at many companies in the city’s financial sector. But Lloyd was one of the biggest employers to not change its rules, notes the Post—at least, until now.

About the Author
By Madeline Farber
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