FCA hit by second wave of strike action as Unite says regulator in deep crisis

On strike

Unite members have gone on strike at the Financial Conduct Authority for the second time in a walkout scheduled to last 48 hours.

The union accused the FCA of failing to address concerns around pay, terms and conditions and lack of trade union recognition.

The first strike took place on 4 May and further industrial action in London and Edinburgh is planned for 5-6 July.

It is understood that 600 of the FCA’s 4000 staff are members of Unite. Sources put the level of engagement with the first strike action at around 240 staff.

Since the first strike the union members have been ‘working to rule’ withdrawing from “regular

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