Politics

Labour government should not scare the City, says Lloyd’s of London boss

John Neal says Labour’s policies of nationalisation and infrastructure investment could create opportunities for his industry

Labour Party Leader Jeremy Corbyn
Labour Party Leader Jeremy Corbyn Photo: Getty Images

A Labour government will create opportunities for the City, according to the chief executive of Lloyd’s of London, the world’s biggest insurance market.

John Neal, who took over as boss of the 331-year-old City institution last year, told Financial News that he is not “intimidated” by the opposition party and its policies. 

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