Advertisement
UK markets closed

  • FTSE 100

    8,139.83
    +60.97 (+0.75%)
     

  • FTSE 250

    19,824.16
    +222.18 (+1.13%)
     

  • AIM

    755.28
    +2.16 (+0.29%)
     

  • GBP/EUR

    1.1679
    +0.0022 (+0.19%)
     

  • GBP/USD

    1.2494
    -0.0017 (-0.13%)
     

  • Bitcoin GBP

    50,388.37
    -1,174.30 (-2.28%)
     

  • CMC Crypto 200

    1,304.48
    -92.06 (-6.59%)
     

  • S&P 500

    5,099.96
    +51.54 (+1.02%)
     

  • DOW

    38,239.66
    +153.86 (+0.40%)
     

  • CRUDE OIL

    83.66
    +0.09 (+0.11%)
     

  • GOLD FUTURES

    2,349.60
    +7.10 (+0.30%)
     

  • NIKKEI 225

    37,934.76
    +306.28 (+0.81%)
     

  • HANG SENG

    17,651.15
    +366.61 (+2.12%)
     

  • DAX

    18,161.01
    +243.73 (+1.36%)
     

  • CAC 40

    8,088.24
    +71.59 (+0.89%)
     
PROPERTY:

9 luxury homes to consider if money is no object

Ever thought about what a multimillion pound budget would buy you?

Hungary PM Orban flags further wage hikes ahead of 2022 election

Reuters
Updated ·1-min read
Hungarian PM Orban attends a business conference in Budapest

BUDAPEST (Reuters) - Hungary will raise nurses' salaries by 21% from January and plans to lift the monthly minimum wage to 200,000 forints ($644), Prime Minister Viktor Orban told state radio on Friday.

Orban, who faces elections next year, said talks on the minimum wage hike were still underway. The government will cut taxes for businesses if they are ready to raise the minimum wage, he added.

He also flagged a 10% pay hike for teachers for 2022.

Orban's handouts for voters ahead of what is expected to be a tight election include measures such as a $2-billion income-tax rebate for families, a waiver of income tax for young workers, grants for home renovations and extra pension payments.

($1=310.41 forints)

(Reporting by Krisztina Than; Editing by Clarence Fernandez)