London Underground insult staff with pathetic 5 year offer
Submitted by Joffe on 2 March, 2009 - 08:27At the pay talks on Friday, London Underground blamed the recesession for their disgraceful 5 year slap in the face to all staff.
The Director for Employee Relations said "The severe downturn in the economy is having a major effect on all companies, and we are no different. Because of this uncertainty and the steep falls in interest rates and inflation, we have to plan for the risk to our future income. This makes entering into a process of negotiating pay increases extremely difficult."