Lloyd’s of London stays put in boost to the City

Three of the banks, Standard Chartered, HSBC and Lloyds, had ‘shortcomings’ in their plans (Victoria Jones/PA) (Picture: PA Wire)

For a while the chatter in the City was that Lloyd’s of London might be looking for a new home.

That our historic insurance market, around in one form or another since 1686, might jettison its place at the heart of the Square Mile, embrace Working From Home and other modern fripperies.