Advertisement
UK markets open in 3 hours 23 minutes

  • NIKKEI 225

    37,818.11
    -641.97 (-1.67%)
     

  • HANG SENG

    17,339.64
    +138.37 (+0.80%)
     

  • CRUDE OIL

    82.78
    -0.03 (-0.04%)
     

  • GOLD FUTURES

    2,321.60
    -16.80 (-0.72%)
     

  • DOW

    38,460.92
    -42.77 (-0.11%)
     

  • Bitcoin GBP

    51,646.89
    -1,819.02 (-3.40%)
     

  • CMC Crypto 200

    1,389.55
    -34.55 (-2.43%)
     

  • NASDAQ Composite

    15,712.75
    +16.11 (+0.10%)
     

  • UK FTSE All Share

    4,374.06
    -4.69 (-0.11%)
     
Money:

The five essential pieces of financial paperwork you must never lose

Mislaying key documents can cause real headaches, so it’s worth tracking down these most commonly-lost bits of paperwork

Polish PM flags higher minimum wage increases in 2023

Reuters
·1-min read

WARSAW (Reuters) - Poland will raise the minimum wage twice next year and by more than previously planned, Prime Minister Mateusz Morawiecki said on Tuesday, as Poland's ruling party prepares for parliamentary elections in 2023 amidst an ongoing cost of living crisis.

The ruling Law and Justice party has seen a drop in public support as energy costs soared following Russia's invasion of Ukraine, driving Polish inflation to its highest in more than two decades, with prices up 16.1% year-on-year in August.

"We have decided ... after taking into account various comments that have been made at the Social Dialogue Council over the last many months, to raise the minimum wage more - to a level of 3,490 zlotys from Jan. 1 and to 3.600 zlotys from July 1," Morawiecki told a news briefing.

The minimum wage is currently set at 3,010 zlotys ($651.36).

($1 = 4.6211 zlotys)

(Reporting by Anna Wlodarczak-Semczuk, Anna Koper, Joanna Plucinska and Marek Strzelecki; Editing by Jon Boyle and Tomasz Janowski)