Here are some recent pay settlements, which may help put London Underground's and TfL's current offers in perspective:

• HBOS: 4.25%
• Lloyds TSB: 4%, second year of 3-year deal
• Phoenix Healthcare Distribution: 3.65%
• BAE Regional Aircraft: 3%
• BVT Surface Fleet: 3%
• Stagecoach South West: 3.2 - 4.5%
• Stagecoach South West Weillington depot: 4%
• Maersk Offshore Deep Sea Ratings: 3%
• Hitachi: 4.2% from 1 January 2009, plus 3% from 1 April 2009
• Wabtec: 3.5%
• Unipart Crewe: 2.5%