Today, Steve O’Donnell, Regional Officer of Unite the Union, penned a letter to Nikhil Rathi, regarding the FCA’s recent pay deal for 2023. The imposed deal falls short in addressing the increasing cost of living and there was a lack of staff consultation in its implementation, contrasting with the FCA’s expressed dedication to staff representation.
When a financial firm fails to meet the standards of good conduct expected by the FCA, they are sent a ‘Dear CEO letter’. Read our ‘Dear CEO’ letter on behalf of FCA staff to Nikhil Rathi in light of his conduct around staff pay below.