The RMT has not agreed to the recent pay offer from London Underground management. There have been widely repeated stories on the media claiming that all unions - RMT, TSSA, ASLEF and Unite have agreed the latest offer, however this is incorrect.

General Secretary Bob Crow said:

"Despite quotes reported to be attributed to LU in the press, and statements on the TFL/LU website, RMT wishes to make it clear that there has been no agreement on the issue of tube pay and that there has been no recommendation from RMT to accept the latest offer."

"As RMT have made perfectly clear in our press comments, the latest offer will now be subject to consultation with our reps and any decisions on the offer will be a matter for RMT’s executive under the union’s democratic procedures.”

London Underground managements latest offer is the same as the previous 'final' offer, but reduced to four years rather than the five year deal previously offered.

The new offer is 5% for this year then RPI +0.5% (minimum 2%) for years 2, 3 and 4.