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FCA staff blast leadership failures in internal survey

Employees raise concerns over strategy, communication, and honesty

Tensions have come to a head at the markets watchdog, including through strikes, as CEO Nikhil Rathi overhauls pay and culture
Tensions have come to a head at the markets watchdog, including through strikes, as CEO Nikhil Rathi overhauls pay and culture Photo: Chris Ratcliffe/Getty Images

Staff at the Financial Conduct Authority have slammed the regulator's leadership in an internal survey.

Sixty percent said they did not have confidence in the regulator's executive committee, according to staff polling seen by Financial News, up 36% from last year.

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