London Underground will meet with subway unions on Friday in a push to avert a three-day strike next week after walkouts over job cuts today drove away almost half the passengers who typically make 3 million daily journeys.
A two-day strike by London Underground employees over job cuts and ticket-office closures caused travel chaos in the capital as stations remained shuttered and roads struggled to cope with extra demand.
London Underground said it expects a second two-day strike over ticket-office closures and more than 750 job cuts to go ahead tonight after negotiations between management and unions failed to produce a breakthrough.
Melrose Plc, the U.K. investment firm run by a former team at industrial company Wassall Plc, proposed to buy Charter International Plc in an offer valuing the engineer at about 1.3 billion pounds ($2 billion).
Two unions representing around 10,000 London Underground workers still plan to begin a 24-hour strike tomorrow and haven’t scheduled formal talks with transportation authorities, spokesmen for the groups said.