#rpi-inflation

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fromwww.theguardian.com
2 weeks ago

RMT accepts three-year pay deal for London Underground staff

The deal, with an initial 3.4% increase backdated to this April, means London Underground staff pay will rise in line with RPI inflation higher than the CPI rate normally used for index-linked pay rises with guaranteed minimum rates if inflation falls, making the total deal worth at least 9.2%. The RMT said it would seek similar increases across the transport sector, ascribing its success to a week of strikes two months ago that caused widespread disruption in the capital.
UK news
UK politics
fromwww.bbc.com
1 month ago

London Underground improves pay offer to unions

Tube bosses offered a three-year deal: 3.4% pay rise in year one and RPI-linked increases in years two and three to prevent further strikes.
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