Socialist Worker

London Underground unions agree four-year pay deal

by Anindya Bhattacharyya
Issue No. 2272

Tube unions are recommending a four-year pay deal they have agreed with London Underground’s management.

The deal offers a 5 percent pay rise this year to all staff, followed by RPI inflation plus 0.5 percent in the next three years.

This is a higher settlement than most pay deals at the moment and reflects the industrial strength of tube workers.

But the four-year length of the deal could prove to be a serious weakness. Tube managers are already hailing the “stability” they believe it will bring.

Pay issues relating to next year’s Olympics in London will be subject to a separate deal, according to the RMT.


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News
Tue 4 Oct 2011, 18:02 BST
Issue No. 2272
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