All the updated news related to nikhil rathi

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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 in ...

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 households ...

07 Apr 2022 at 09:25

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 ...

01 Mar 2022 at 15:25

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 Financial ...

28 Jan 2022 at 09:25

City

Lenders told to ‘step up’ by financial regulator amid mortgage rates surge

Bosses of the UK’s financial watchdog have said lenders need to “step up” to support stressed homeowners facing surging mortgage rates. Richard Lloyd, the interim chair of the Financial Conduct Authority (FCA), said it is ...

07 Nov 2022 at 18:46

City

Watchdog should prioritise probe into how banks treat politicians – minister

The City minister has written to the UK’s financial watchdog urging it to prioritise an “important” review into whether people are being denied bank accounts due to their political views. It follows claims by former ...

05 Jul 2023 at 13:30

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

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

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 ...

03 May 2023 at 10:38

City

FCA defends ‘name and shame’ proposals after backlash from City and Government

The UK’s financial watchdog has said it was not expecting the “stern reaction” to its plans to “name and shame” firms it is investigating, after facing backlash from the City and the ...

08 May 2024 at 22:02

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 ...

18 Jan 2024 at 09:45

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 ...

06 Sept 2023 at 11:19

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