TfL inks £3.6bn deal with government after strikes

Union warns of potential further strikes over requirements to reform pension scheme

Martin Richmond
clock • 2 min read
TfL inks £3.6bn deal with government after strikes

A deal has been struck between Transport for London (TfL) and the government securing £3.6bn in funding to the transport network after a summer fraught with strike action over pension and pay provisions.

Despite the deal, which was secured yesterday (30 August), the National Union of Rail, Maritime and Transport Workers (RMT) has warned that proposals to reform the TfL pension scheme will lead to f...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Buzz: Are you considering reducing allocations to the US?

Buzz: Are you considering reducing allocations to the US?

Response to Trump tariffs, TPR’s use of AI and scheme response to cyber attacks

Professional Pensions
clock 15 April 2025 • 1 min read
News Digest: Pensions dim on US private equity

News Digest: Pensions dim on US private equity

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 15 April 2025 • 1 min read
Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

Dalriada launches DC tool for AVCs, Clara to switch up to 35% of assets into private markets, and a Hymans Robertson report

Professional Pensions
clock 11 April 2025 • 1 min read
Trustpilot