Financial Conduct Authority accused of failures ‘from top to bottom’ after a string of scandals

Britain’s financial regulator, accused of failing from “top to bottom” after a string of scandals, has paid out bonuses of more than £125m to its staff since 2016, the Observer can reveal.

Campaigners said the payouts at the Financial Conduct Authority (FCA) were an “absolute insult” to savers who had lost their life savings because of the regulator’s systemic failings.

Continue reading…

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Top 20 Wetherspoons pubs in the UK revealed – is your local on the list?

THE top 20 Wetherspoons pubs in the UK have been revealed –…

Duelling diplomacy in the Pacific should dispel the notion of a China-Australia reset | Richard McGregor

However much either side tempers their rhetoric, regional competition is the name…

Fishnets, French kisses and fireworks: inside Moulin Rouge! The Musical

After winning 10 Tony awards on Broadway, an adaptation of Baz Luhrmann’s…