Archives for May 2022

As we’ve reported this week, some Unite union members at the FCA have staged a two day walkout, believe to be the first strike action in the regulator’s history. There have been a number of derisory comments on social media about this and attempts to brush off the action. This would be a mistake. The […]

As we’ve reported this week, some Unite union members at the FCA have staged a two day walkout, believe to be the first strike action in the regulator’s history. There have been a number of derisory comments on social media about this and attempts to brush off the action. This would be a mistake. The […]

FCA CEO Nikhil Rathi has defended the pay packages of staff – some of whom went on strike this week – as “possibly the best package” among UK regulators. In a speech last night, Mr Rathi said the FCA had made great efforts to pay competitively and had paid “particular attention” to the lowest paid […]

FCA CEO Nikhil Rathi has defended the pay packages of staff – some of whom went on strike this week – as “possibly the best package” among UK regulators. In a speech last night, Mr Rathi said the FCA had made great efforts to pay competitively and had paid “particular attention” to the lowest paid […]

There are signs that investors are shifting money to safer havens in the face of economic and political turmoil, according to a fund research company. Finscape, which reviews fund flows, says its latest data suggests substantial switching and transferring of investments to ‘safe havens’ although less money was invested overall. The first quarter was a […]

The fourth credit union to collapse this year has been declared in default by the Financial Services Compensation Scheme this week. The North East Warrington Credit Union (NEWCU) Limited was declared in default by the FSCS to protect its 1,182 members. The credit union ceased trading recently with the compensation bill expected to be around […]