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Tube bosses improve salary offer Tube bosses improve salary offer
(30 minutes later)
London Underground (LU) says it has made a "very fair offer" to unions who are in dispute over pay. London Underground (LU) says it has made a "very fair offer" in Friday's talks with unions over pay.
RMT members plan to walk out for 48 hours from 1859 BST on Tuesday, causing problems for millions of Tube users. RMT members plan to walk out for 48 hours from 1859 BST on Tuesday, causing problems for millions of travellers.
The union has called for a 5% pay rise, but at talks on Friday LU made a revised offer of 1.5% this year and the rate of inflation, plus 0.5% next year. LU offered a four-year deal of 1.5% this year and then the inflation rate plus 0.5%; or a two-year deal of 1% now and inflation plus 0.5% in year two.
LU has urged the RMT to call off its planned strike action and join other unions in talks. The RMT, which wants 5%, says talks will resume on Monday. Before then both sides will consider their positions.
LU has urged the RMT to call off its planned strike action.
A spokesman from business organisation London First said: "London Underground and the RMT must take these positive talks to resolution and avoid a strike.
"Business needs the assurance that in uncertain times London's economy will not take a further body blow."