Regulation

FCA staff take steps to form union amid bonus cuts and ‘demoralised’ workforce

As a consultation over pay and grading continues, staff at the FCA are signing a union petition to be recognised

The headquarters of the Financial Conduct Authority. Employees are signing a union petition to be recognized by the agency
The headquarters of the Financial Conduct Authority. Employees are signing a union petition to be recognized by the agency Photo: Chris Ratcliffe/Getty Images

Unite launched a petition to be officially recognised as the union for Financial Conduct Authority staff, as employees at the regulator face a radical shakeup to their pay and conditions.

On 12 October, Unite launched a staff petition to secure the right to be formally recognised to represent workers across the organisation on the back of what it describes as "significant growth in membership at the regulator". As of mid-morning the petition has about 450 signatures and is aiming for 1,000.

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