Parties scrapped and bells toll as UK finance sector pays respect

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Post-summer parties have been scrapped, and policy announcements and meetings have been postponed following the death of the 96-year-old head of state.

| Britain’s financial industry is dialling down activities before the funeral of Queen Elizabeth II next Monday, cancelling events and paring business as a nation in mourning prepares to bid farewell to its longest-serving monarch.

The Financial Conduct Authority’s annual meeting, due on Thursday, has also been postponed, along with planned policy announcements for this week.“Following the announcement of the death of Her Majesty the Queen on 8 September, the FCA, like other public bodies, is now observing a period of mourning,” the watchdog said.Loading

Charlie Nunn, chief executive at Lloyds Banking, recalled a meeting last October with King Charles III on the same platform, describing the new monarch’s “passion and knowledge” and “deep sense of duty” as qualities that would “serve him and our nation well” in his new role.The UK divisions of European banks have also marked the event. Tiina Lee, UK chief executive of Germany’s, said the late Queen was “a potent symbol of duty and constancy in an ever-changing world”.

Lloyd’s held two minutes’ silence and rang its so-called Lutine bell on its underwriting floor to mark the queen’s death on Thursday evening . The bell was traditionally rung once when a ship was lost at sea. King Charles III and Queen Consort Camilla leave Scottish parliament after receiving a motion of condolence for Queen Elizabeth II,A Union Jack flag is instead flying above the building at half-mast, and a book of condolence will be set up inside for clients and staff to write messages, the bank said on its website.

 

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