Wealth Manager report:

The Financial Conduct Authority (FCA) has art worth more than £700,000 hanging on its walls.

In the past year alone, the regulator has spent around £10,000 on its art collection, snapping up the works to refurbish its reception area.

The new regulator, which replaced the Financial Services Authority earlier this year, opted some time ago to ‘pursue an arts programme’ that displayed loaned art rather than purchasing work directly.

You can read the full story here. 

I am a journalist and author. I am a journalist at the UK edition of WIRED magazine. In 2015, my first book Freedom of Information: A Practical Guide for UK Journalists, was published. My second book Reed Hastings: Building Netflix, was published in March 2020. I created FOI Directory in 2012 and have maintained it in my spare time ever since.