Half of FCA staff unhappy with leadership - report

Staff happiness at the regulator has dropped in the last two years

Nicola Brittain
clock • 1 min read

Half of staff at the Financial Conduct Authority (FCA) are unhappy with the way the organisation is run, an increase in dissatisfaction compared with two years ago.

According to a Freedom of Information request submitted by the Financial Times only half of the 2,272 staff who answered an internal survey said they held their employer in positive regard. The FCA has 3,000 staff in total. When the same survey was conducted in 2014, 57% of those questioned said they regarded their employer positively. The survey was conducted three months after Martin Wheatley, the former chief executive, resigned after being told by Chancellor George Osborne that his contract would not be renewed. Wheatley's era is best characterised as one in which banks faced r...

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