Staff turnover more than doubled in 2020 at the Financial Conduct Authority’s Edinburgh office compared to the year before, amid questions over the regulator’s recruitment strategy in the Scottish capital.

Around seven people, or 6.9% of its roughly 100-strong Scotland-based workforce, left the regulator in the first year of the pandemic, according to an FCA response to a Freedom of Information Act request from Financial News. That’s up from a staff turnover rate of 3.2% in 2019 and a slight uptick on a turnover rate of 6.1% in 2018.