FCA pours £5m into laptops for hybrid working

Move follows watchdog's warning on remote working

Pedro Gonçalves
clock • 3 min read

The Financial Conduct Authority (FCA) has spent more than £5m on new laptops and mobile phones to support remote work, including 307 Samsung phones and 39 iPhones.

Data obtained using the Freedom of Information (FOI) method and analysed by the Parliament Street think tank showed that between April 2021 and August 2021, a total of 5,850 new laptops were purchased by the financial watchdog. The FCA's move to scale up its digital capability comes following its own recent warning about the danger of remote working for businesses, when the watchdog made recommendations for firms using a remote or hybrid employment model. According to the guidelines, companies will be assessed by the FCA and must demonstrate that remote working does not hinder their c...

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