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FCA’s pay levels ‘could force its staff to rely on hardship fund’
news.movim.eu / TheGuardian · Sunday, 25 February - 14:10
Members of Unite union reject UK regulator’s offer and say it is failing to deal with salary shortfall
Staff at the UK’s financial regulator could be forced to rely on a hardship fund to make up for their “objectively low pay”, according to a union.
Unite said a failure to address the salary shortfall at the Financial Conduct Authority (FCA) risked embarrassing the watchdog, whose workers supervise some of the country’s largest banks and wealth managers.
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