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Facebook told to stop tidal wave of scam investments

And we have reformed our employment offer to increase pay for the lowest paid, reward strong, consistent performance that delivers in the public interest and close pay gaps. 

Two hundred new colleagues have joined us already this year, up and down the country, bringing with them many new skills.

Too often though, we have operated in silos, prioritised process over outcomes, and not measured our own collective and individual performance effectively. 

To truly transform I said we need to develop a data-led, operational platform that can constantly adapt and collaborate, to face the threats and opportunities of the future – not just wait to address specific firm issues.

Our work with international partners and companies resulting from the tragic war in Ukraine and our response to the coronavirus shows we are becoming a more adaptive and collaborative organisation, capable of working through solutions at extremely short notice, working hand in glove with domestic and international partners.

The cost-of-living challenges mean consumers are more exposed to risk and more reliant on financial services, so it is imperative we remain ready to act. 

Our multi-year strategy, published today, sets out market-wide outcomes we expect all firms to deliver, while holding ourselves to tougher standards. 

For the first time, we are publishing metrics to which we can be held accountable in the delivery of those outcomes.

To reduce and prevent serious harm we have taken action to stop firms…

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