All the updated news related to nikhil rathi

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City

Financial Conduct Authority offers staff new deal with 5% pay rise

The Financial Conduct Authority (FCA) attempted to draw a line under tensions in the organisation over changes in staff pay. Unions had been critical of plans by the financial watchdog to scrap bonuses for staff but the FCA has said this is to ...

01 Mar 2022 at 15:25

City

Financial Conduct Authority staff vote for industrial action

Staff at the Financial Conduct Authority (FCA) have voted overwhelmingly for industrial action over proposed changes to pay conditions. Unite the Union said a ballot of its members working for the financial watchdog found more than 75% were ...

12 Apr 2022 at 17:25

City

Financial Conduct Authority plans faster response against ‘problem firms’

The Financial Conduct Authority (FCA) has announced a new strategy to shut down “problem firms” that do not meet basic regulatory standards. Bosses at the regulator said they are concerned that the cost-of-living crisis could see ...

07 Apr 2022 at 09:25

City

Financial Conduct Authority staff back industrial action over pay changes

Staff at the UK’s financial watchdog have voted to go on strike over proposed changes to pay and benefits at the agency. Unite the union said members who work at the Financial Conduct Authority (FCA) have voted overwhelmingly to ...

01 Feb 2022 at 13:56

Cladding: Minister orders probe into ‘crippling’ insurance costs for residents

The insurance market is not working properly for residents stuck in buildings with unsafe cladding, and many have seen their premiums double in just a year, Communities Secretary Michael Gove has said. In a letter to the ...

28 Jan 2022 at 09:25

City

Financial Conduct Authority staff to vote on strike action over pay changes

Staff at the Financial Conduct Authority (FCA) could go on strike over new pay conditions being imposed by management, according to unions. Unite the Union is balloting members at the financial watchdog, claiming the ...

24 Jan 2022 at 12:25

City

Vacancies remain at City watchdog despite hiring spree

The City watchdog managed to fill more than 100 vacancies during the summer and autumn, but one in 10 positions still remain empty, new figures show. Data released by the Financial Conduct Authority (FCA) in ...

11 Jan 2023 at 15:37

City

Watchdog to shake up rules deterring firms from listing in UK

The UK’s financial watchdog has revealed plans to shake up rules that will encourage more companies to list shares on UK stock markets rather than abroad. It follows criticism that British tech firm Arm and ...

03 May 2023 at 10:38

City

Ordinary people offered ‘no lifeline’ in debanking scandal, says lawyer

The UK’s financial regulator has been accused of focusing on “debanked” politicians while moving more slowly on helping around 340,000 other people whose bank accounts have been closed in the past year. On ...

06 Sept 2023 at 11:19

City

Review finds no proof banks closed accounts due to people’s political opinions

There is no firm evidence of banks denying people access to accounts over the last year due to their political views, a review by the regulator has found. In what it called “preliminary insights”, the ...

19 Sept 2023 at 13:39

Personal Finance

FCA chief executive encourages people in financial difficulty to get help early

Financial Conduct Authority (FCA) chief executive Nikhil Rathi has encouraged people who are struggling financially to seek support early as “there is help available”. He was speaking after visiting ...

11 Apr 2024 at 17:34

City

It’s difficult to ban even a sex offender from working in finance – FCA boss

The boss of the City watchdog has said that the lack of a set list of offences makes it difficult for him to bar even convicted child groomers from the financial sector. Nikhil Rathi said that the ...

18 Jan 2024 at 09:45

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