Staff to vote on strike action against FCA
FCA told Insurance Age that after considering the recent feedback on its pay and rewards proposals, it now aims to announce an outcome by March.
Unite, the union representing staff at the Financial Conduct Authority, has launched an indicative ballot calling for industrial action at the regulator.
The union said it called the ballot following management’s refusal to negotiate with the workforce on a programme of “severe cost-cutting”, which includes slashing staff pay and imposing an appraisal system which it said would “punish strong performers”.
According to a statement issued by the union, staff were left “enraged” last month as the
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