The FCA workforce votes to take industrial action

April 2022

Staff at the Financial Conduct Authority have voted in favour of striking over proposed changes to pay and conditions, the trade union Unite has announced. The ballot has resulted in 75.4% of those voting backing industrial action, with 89.8% supporting industrial action short of a strike.

Following the ballot result Unite has once again contacted ACAS to try to encourage the FCA to sit down with Unite representatives to address the concerns of their workforce.  Unless positive steps are taken to address the concerns set out by staff Unite members at the FCA will now be meeting to plan the next steps in the dispute which is the result of what are seen as damaging changes to staff pay and conditions.

This item is provided for information and awareness – but any further escalation is now likely to lead to strike action at the Regulator, which will undoubtedly impact on service standards in the authorisation teams.

For more information read here.

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