Lloyd’s welcomed the UK Chancellor of the Exchequer, Rachel Reeves, and Secretary of State for Business and Trade, Jonathan Reynolds, to its Lime St headquarters today for the inaugural meeting of the UK Government’s Industrial Strategy Advisory Council.

The purpose of the inaugural ISAC meeting and subsequent objectives is to maintain a pro-business environment. The ISAC will advise the UK Government on channelling support across industries and geographical clusters that have the highest growth potential for the next decade.

Lloyd's CEO, John Neal, said: "Lloyd's plays a vital role in providing certainty to businesses, especially in the face of increased geopolitical, economic and climate-related risk. It was a pleasure to welcome senior government ministers and business representatives to our headquarters today and we look forward to continuing our close collaboration with the UK Government."

---