Proactive Investors - Rail workers have voted in favour of a pay offer to bring an end to the long-running dispute with companies which has seen repeated strikes.
The Rail, Maritime and Transport union (RMT) announced Wednesday that train company and Network (LON:NETW) Rail workers voted overwhelmingly in support of offers.
These will see workers at operators granted pay rises of 4.75% for the last year and 4.5% in 2024, while Network Rail employees will get a 4.5% increase.
Some 99% of train company workers backed the offer, RMT said, while 88% of members from Network Rail voted in favour.
Such approval of the votes means that the long-running rail dispute is now over, according to RMT.
“We thank our members for their efforts during this long but successful campaign,” RMT said in a statement
“Their resolve has been essential in navigating the challenges posed during negotiations and in particular the previous Tory government’s refusal to negotiate in good faith, alongside relentless attacks by sections of the media and the employers.”