LondonUnlocked

No-strike deals

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"The best way to grasp the scale of the coming Games," writes Dave Hill, "is to look at the plans being made for transport in the capital next summer. It's an Olympian enterprise and rather frightening." Quite.

Against that backdrop, TfL and the unions have been attempting to settle on a no-strike agreement to last the duration of the Olympics.

Any pay deal is likely to feature a longer-term settlement for wages alongside the above agreement. TfL have recently offered their latest five year pay deal to the unions, which broadly shakes out at a four and half per cent pay increase this year, followed by a rise of inflation (RPI) plus 0.25 per cent in the four subsequent years.

Yesterday, Bob Crow of the RMT indicated what the second part of that deal might look like - around £500 per Tube employee working extra shifts. He also requested a dialogue with the Mayor.

So, now it is for both sides to consider the offers on the table. For London's sake, it's essential that a deal is done.