The ratio of the \Lambda b baryon lifetime to that of the B0 meson is measured using 1.0/fb of integrated luminosity in 7 TeV center-of-mass energy pp collisions at the LHC. The \Lambda b baryon is ...observed for the first time in the decay mode \Lambda b -> J/\psi pK-, while the B0 meson decay used is the well known B0 -> J/\psi pi+K- mode, where the pi+ K- mass is consistent with that of the K*0(892) meson. The ratio of lifetimes is measured to be 0.976 +/- 0.012 +/- 0.006, in agreement with theoretical expectations based on the heavy quark expansion. Using previous determinations of the B0 meson lifetime, the \Lambda b lifetime is found to be 1.482 +/- 0.018 +/- 0.012 ps. In both cases the first uncertainty is statistical and the second systematic.
During 2011 the LHCb experiment at CERN collected 1.0 fb-1 of sqrt{s} = 7 TeV pp collisions. Due to the large heavy quark production cross-sections, these data provide unprecedented samples of heavy ...flavoured hadrons. The first results from LHCb have made a significant impact on the flavour physics landscape and have definitively proved the concept of a dedicated experiment in the forward region at a hadron collider. This document discusses the implications of these first measurements on classes of extensions to the Standard Model, bearing in mind the interplay with the results of searches for on-shell production of new particles at ATLAS and CMS. The physics potential of an upgrade to the LHCb detector, which would allow an order of magnitude more data to be collected, is emphasised.