18 April 2024
RMT Press Office:
RAIL UNION RMT has rejected a below-inflation 2024 pay offer from Network Rail of just 3.5 per cent today (Thursday April 18, 2024) at a time when MPs have handed themselves an uplift of 5.5 per cent.
The company offered an increase of just 3.5 per cent, even though the benchmark measure of inflation used for negotiations is the November RPI figure which was 5.3 per cent.
RMT general secretary Mick Lynch said that such double standards were unacceptable and an insult to hardworking Network Rail staff.
“Network Rail is once again making an offer that represents a cut in living standards as pay is not keeping up with the rising costs of rent, mortgages, energy, food, and other essentials.
“As a result, RMT is calling for urgent fresh negotiations and a much-improved offer for this year,” he said.
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