Key facts
- Lloyd's of London advised its 1,200 employees to work from home due to a heatwave.
- Temperatures in London are expected to reach 33C.
- The office will remain open and offer air conditioning.
- Other firms like JPMorgan Chase and ING have previously relaxed return-to-office policies during heatwaves.
- ING has warned that European heatwaves pose a risk to the region's economic output.
Lloyd's of London has advised its approximately 1,200 employees to work from home this week as London anticipates temperatures reaching 33C. The historic insurance marketplace has encouraged staff to use their judgment and work remotely, although the office will remain open and equipped with air conditioning. This measure follows similar actions by firms like JPMorgan Chase and ING during previous heatwaves. ING has also issued a warning that European heatwaves present a significant risk to the region's economic output, extending beyond traditional outdoor labor to impact the broader economy.