FCA

London’s Financial Conduct Authority has called in FTI Consulting for internal communications work related to a staff uprising over pay cuts.

The Telegraph reported that FTI has received more than $625K for PR at a time when FCA bosses are overhauling compensation structures that could lead to three-quarters of its 4,000 employees facing pay cuts.

A spokesperson told the Telegraph that FTI is “providing communications support as part of our ambitious transformation program to becoming a more proactive, darta-led regulator.”

FCA employees in October launched a drive to join Unite, the UK’s largest union.