UK should remain in the EU, says Lloyd’s chairman

Anniversaries, Associations, Events, Insurance and Reinsurance — By on September 10, 2014 at 6:26 PM
John Nelson

John Nelson

Wednesday 10 Septemer 2014 – Leading City figures gathered last week for the twelfth annual Lloyd’s City Dinner, hosted by Chairman John Nelson and featuring guest speaker Sir Michael Rake, President of The Confederation of British Industry (CBI). (source: Lloyd’s of London)

During his speech, John Nelson highlighted Lloyd’s strong 2013 results and thanked those in the Lloyd’s market who had contributed to Lloyd’s successful position in the industry to date.

The Chairman also put forward the case for the UK to remain together as part of the EU. He said: “I would be extremely sad to see Scotland leave the United Kingdom and I very much hope that the Scottish people vote to stay in the Union. It is in the interests of the entire Scottish population, and the wider British population, all 65 million of us, who inhabit these extraordinary islands that the Union stays together.

He continued: “The prosperity of the UK, the City of London and Lloyd’s would best be served by Scotland staying in the UK and a strong United Kingdom staying in a competitive and efficient EU .”

He concluded by highlighting Lloyd’s support of globalisation. He said: “We have many challenges, but I can honestly say we don’t fear globalisation – we embrace it. We see the benefits: for Lloyd’s, London, a strong United Kingdom and for economies across the world.

“Lloyd’s is in great shape – and we have a great future.”

You can read the Chairman’s full speech here.

Lloyd’s CEO Inga Beale introduced the evening by drawing attention to the work businesses can do to improve opportunities for local young people by supporting a variety of programmes including mentoring, university bursaries and paid internships and guests were shown a short film about the impact of initiatives run by Lloyd’s Community Programme.

Beale also highlighted Lloyd’s support for the Heart of the City charity, a network of 700 small, medium and large businesses across London. The charity brings companies together, creating a business community that champions Corporate Social Responsibility and makes it accessible to companies of all sizes.

 

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