City AM – Drivers accept pay deal to end strike
CITY AM says train drivers have voted to accept a pay offer that will bring to an end more than two years of industrial action on Britain’s railways. The Aslef union, which represents around 20,000 members, said it had accepted a five per cent backdated pay rise for 2022-23, 4.75 per cent for 2023-24, and 4.5 per cent for 2024-25. Elsewhere, the front page reports the London Stock Exchange will decline in the coming years, according to a new survey, in a blow to the UK government’s plans for capital markets reform.