London Underground (LU) today welcomed the RMT's decision to accept the company's above-inflation pay offer, providing staff with real-terms pay increases over the next two years.
"This is a very fair pay deal, which provides stability for our staff in the toughest economic climate for decades."
Richard Parry
LU Managing Director

This is a very fair pay deal, which provides stability for our staff in the toughest economic climate for decades.

In June, LU made all unions a two-year above-inflation offer of a 1.5 per cent pay increase this year and RPI+0.5 per cent next year (or 0.5 per cent, whichever is higher). 

Drivers' union ASLEF and TSSA had both accepted the offer, and now RMT members will also benefit from the pay settlement.

LU Managing Director, Richard Parry said: 'This is a very fair pay deal, which provides stability for our staff in the toughest economic climate for decades.

'I am pleased that we are now able to get on with implementing this pay settlement which provides certainty for both our staff and passengers.'