Real wage increases and a focus on the lowest-paid workers are among LO’s announcements ahead of the upcoming wage negotiations. However, two unions have reserved their positions on Wednesday’s decision. The issue of shorter working hours is divisive.
BusinessThe American company Lyten has completed its purchase of the previously bankrupt Northvolt battery factory. Lyten plans to resume production in 2026.
BusinessThe Social Democratic Party's electoral committee proposes three new ordinary names in the party leadership), the executive committee (VU). Two former ministers will step back and become substitutes.
Swedish politicsThe government warns of enormous consequences of Trump's tariffs and growth will have to be written down. This is harmful to the Swedish economy, says Finance Minister Elisabeth Svantesson (The Moderate Party). One measure to support companies may be short-term work – similar to what existed during the pandemic.
BusinessTrade unions and employers have agreed on a new two-year industrial agreement – which will be guiding for the entire labour market. We didn't reach as high as we wanted, but it became an acceptable level, says Ulrika Lindstrand, union president at Sweden's Engineers.
BusinessElon Musk's entry into politics is bad news for Tesla: sales are declining and the stock price is falling. Even the striking metalworkers in Sweden notice the difference. It feels like we have a tailwind right now, says strike guard Emma Hansson.
BusinessThe Government should reform the system for short-term work, believe the Social Democrats together with the trade union. An important piece of the puzzle for Swedish competitiveness, says IF Metall's chairman Marie Nilsson.
BusinessThe Industrial Unions are demanding 4.2 percent in wage increases in a one-year agreement. A high demand, historically speaking. It is based on careful considerations of the economic conditions, says IF Metall's chairman Marie Nilsson at a press conference.
Business
