A union says a new government bailout of Transport for London (TfL) will see an 'attack' on pay.
A new £3.6bn government bailout for Transport for London will lead to fresh strikes on the network, a rail trade union has warned.The Rail, Maritime and Transport union says the settlement, which has conditions, will lead to an "attack" on Tube workers' pay and pensions.The new funding package, which lasts until 31 March 2024, is the sixth bailout for TfL, whose revenues plummeted during the Covid-19 pandemic.
He said on Tuesday the latest bailout has terms he "had no choice but to accept in order to get the deal over the line to avoid TfL becoming bankrupt", to save jobs and keep services running.A series of Tube strikes called by the RMT union this year have brought the network to a halt at timesTransport Secretary Grant Shapps also called for a commitment to "press forward" with the introduction of driverless trains on the London Underground.
Pensions will be reviewed - changes to them are a red line to unions. Proposals have to be consulted on by May 2023.And again the government wants more work on driverless trains.Yes, this was a pragmatic deal for TfL, but there will be repercussions. "Grant Shapps' attack on Tube workers would be unacceptable at any time but in an escalating, cost-of-living crisis it is shameful and will be resisted through further strike action," he said.
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