Train drivers on the London-Manchester line will get a pay increase of 3.6%. This follows a deal between Avanti West Coast and the Aslef union. This agreement is the first pay deal approved under the current Prime Minister, who often travels on this route. The pay rise is higher than the latest inflation rate of 2.9%.
Key Details
Along with the wage increase, the deal includes time-and-a-half pay for Sunday shifts. It also offers a bonus of up to £720 for working a fifth day. The deal was reached after Aslef announced plans to ballot its members for possible strike action in June. An Aslef spokesperson said, "Our job is to enhance our members’ terms and conditions and this deal… has been accepted."
Background
The Department for Transport (DfT) expressed satisfaction with the outcome. They emphasized their commitment to resolving rail union disputes and improving services for passengers. A DfT spokesperson said the government aims to save taxpayers from the financial burden of lost revenue due to strikes. Avanti West Coast has been approached for further comments on the agreement.
Related coverage: Burnham Signals Possible Tax Rises in Upcoming Budget.
The pay increase for train drivers could lead to higher operational costs for rail companies. This may affect ticket prices and overall profitability in the transport sector. Investors will watch for any further developments in wage negotiations across the rail industry that could impact costs and service reliability.
Based on reporting by: independent.co.uk