ING 1% wage offer sparks union backlash, strike risk rises

Dutch bank ING proposed a 1% salary increase for 2026, far below the 5.5% demanded by unions, prompting disappointment and raising the risk of labor unrest. The gap between offer and demand suggests potential strikes, which could disrupt operations and pressure costs. The outcome is uncertain, but the dispute signals inflationary wage pressures in the Dutch financial sector.