London Underground chiefs negotiated with subway-union leaders for more than 7 1/2 hours today as the next strike aimed at halting job cuts and ticket-office closures threatens to disrupt travel in the capital from Monday.
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.
Melrose Industries Plc, a U.K.-based investment vehicle, is ready for its next acquisition after improving profitability at gas, water and electricity metering company Elster Group SE, Chairman Christopher Miller said.
London Underground staff belonging to the Rail, Maritime & Transport union plan to go ahead with a 48- hour strike starting tomorrow evening over Mayor Boris Johnson’s plans to close ticket offices and cut 750 jobs.
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.