Unite, the UK's leading union for financial services workers, will attend the Moneyfacts Awards at City Central, HAC, London, (Thursday 25 June 2026) to highlight the growing gap between soaring profits in the finance sector and the reality facing frontline workers.

The action forms part of Unite's "Zero Need for Boardroom Greed" campaign, which is demanding major financial institutions to deliver fair pay rises and better working conditions for staff.

Where: City central at the HAC, Chiswell St, London EC1Y 4TW
When: Thursday 25 June
Time: 17:30 – 19:00

Unite general secretary Sharon Graham said: “Workers are repeatedly told that inflation-proof pay rises are unaffordable, yet the finance sector continues to deliver eye-watering profits and multi-million-pound payouts at the top. That simply does not add up.

" Unite is demanding that employers stop prioritising excessive rewards for directors and shareholders while expecting workers to shoulder the burden. The people who create the wealth in this industry deserve a fair share of it. It's time for finance employers to invest in their workforce, deliver fair pay, tackle inequality and recognise the contribution of the staff who make their success possible."

Unite members working across banks, insurance companies and outsourced financial services have reported concerns including real-terms pay cuts, increasing workloads without corresponding pay increases, persistent gender pay gaps and the contrast between executive reward packages and frontline pay.

Unite national officer Caren Evans said: "Our members are telling us that workloads are increasing, living costs remain high and pay is failing to keep pace. There is a growing disconnect between boardroom rewards and the experiences of frontline staff.

“As the finance industry gathers to celebrate its successes, we must not forget the workers whose hard work generates the billions in profits being applauded. Across banks, insurance companies and outsourced financial services, Unite members are facing years of real-terms pay cuts, rising workloads, persistent gender pay inequality and growing pressure to do more with less. Meanwhile, executives and shareholders continue to enjoy ever-increasing rewards, exposing a widening gulf between the boardroom and the frontline.”

In 2025, the UK's "big four" banks – Barclays, HSBC, Lloyds and NatWest – recorded combined net profits of more than £40 billion. In the first quarter of 2026 alone, they generated almost £14 billion in profits. Despite these substantial returns, Unite says many finance workers continue to face below-inflation pay rises, increased workloads, widening inequalities and pressure on living standards.

Unite representatives will be present outside the Moneyfacts Awards venue to raise awareness of the campaign and highlight the experiences of finance workers across the UK.

Photo opportunities will be available.

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Email: saba.edwards@unitetheunion.org

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Unite is the UK and Ireland’s leading union, fighting to protect and advance jobs, pay and conditions for members across all sectors of the economy. The general secretary is Sharon Graham.