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London busmen accept 8 p.c.
Page 26
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• A revised pay offer which will add al estimated 8 per cent to the annual wage bill and may lead to a further increase in bu fares was accepted by representatives o London Transport's 23,000 busmen las Friday. The busmen had claimed a 15 pe cent rise, and had already rejected a 7pe cent offer made after the miners' strike.
Under the £2.5m agreement, effectiv from April 8, basic rates of drivers an conductors of crew-operated buses will b increased by £1.85 to £25.85 and £2 respectively. One-man bus operators wi receive £2 extra, and a further £1 throug the consolidation of existing allowances int the basic rate. increasing their basic rai from £26 to £29. Average rostered earnir4 for 40 hours, excluding overtime, ai currently between £5 and £7 above tF basic rate.
London Transport has warned that, sin( wages represent three-quarters of ti Executive's expenses, a further increase fares is probable.