Advertisement
UK markets open in 1 hour 10 minutes

  • NIKKEI 225

    38,150.50
    +76.52 (+0.20%)
     

  • HANG SENG

    18,963.03
    +425.22 (+2.29%)
     

  • CRUDE OIL

    79.87
    +0.61 (+0.77%)
     

  • GOLD FUTURES

    2,361.30
    +21.00 (+0.90%)
     

  • DOW

    39,387.76
    +331.36 (+0.85%)
     

  • Bitcoin GBP

    50,143.83
    +984.64 (+2.00%)
     

  • CMC Crypto 200

    1,348.48
    +48.38 (+3.72%)
     

  • NASDAQ Composite

    16,346.26
    +43.46 (+0.27%)
     

  • UK FTSE All Share

    4,558.37
    +14.13 (+0.31%)
     
Money:

Best UK mortgage deals of the week

As Bank of England holds interest rates, here's what high street banks are offering home buyers

BP Rotterdam Refinery resuming operations, vote on union deal Wednesday

Reuters
Updated ·1-min read
FILE PHOTO: BP boosts divident after profits hit 14-year high

AMSTERDAM (Reuters) -Unions and BP PLC have reached an agreement on pay for workers BP' large Rotterdam refinery, which had been largely idled this month amid a dispute over wages, unions and the company said on Friday.

A union spokesperson said agreement had been reached on a new three-year package including a 6% wage increase, a 4,000 euro one-time bonus, and the ability to participate in a stock compensation plan.

Workers are expected to gradually restart the parts of the facility, one of Europe's largest, that are still offline ahead of a vote on Wednesday. BP could not immediately be reached for comment.

"We can confirm we have made progress with the unions towards a 3-year collective labour agreement which will be put to a vote next Wednesday," BP said in a statement.

"In the meantime, we are resuming operations of the remaining installations at our refinery."

(Reporting by Toby Sterling, Editing by Louise Heavens)