Advertisement
UK markets closed

  • NIKKEI 225

    40,913.65
    +332.89 (+0.82%)
     

  • HANG SENG

    18,028.28
    +49.71 (+0.28%)
     

  • CRUDE OIL

    84.07
    +0.19 (+0.23%)
     

  • GOLD FUTURES

    2,369.40
    0.00 (0.00%)
     

  • DOW

    39,308.00
    -23.90 (-0.06%)
     

  • Bitcoin GBP

    45,677.61
    -1,644.01 (-3.47%)
     

  • CMC Crypto 200

    1,213.18
    -48.00 (-3.81%)
     

  • NASDAQ Composite

    18,188.30
    +159.54 (+0.88%)
     

  • UK FTSE All Share

    4,497.97
    +34.88 (+0.78%)
     
Money:

What Labour needs to do for pensions and work if it wins election

The next government should hit the ground running — here is what should be on the to-do list in the first 100 days

Norway industry workers, employers agree 5.2% wage increase

Reuters
Updated ·1-min read

OSLO (Reuters) -Norwegian industrial workers have reached a wage deal with employers, avoiding strike action, a major labour union said on Sunday.

The deal will lift wages by 5.2% on average in 2024 and also involved increased educational support, said the Norwegian Confederation of Trade Unions (LO), the biggest of the two labour groups taking part in negotiations.

The smaller Parat union, from which some 1,000 workers planned to go on strike, also said later on Sunday it had made a deal for a wage rise by the same percentage.

Some 14,300 LO union members had been scheduled to take strike action, including at Aker Solutions, Adecco, Kongsberg Gruppen's Maritime unit and Aibel, partly owned by Norway's Ferd and Sweden's Ratos.

(Reporting by Nerijus Adomaitis, Editing by Terje Solsvik and Matthew Lewis)