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Offer 3

Here is the third version which brought to an end the threat of industrial action by the TGWU.

Offer 3: Effective from April 2002. 1.7% increase in basic pay, or £450, whichever is the higher. £300 lump sum payable in April 2002. Second year increase (payable April 2003) of 4% or RPI inflation plus one per cent to make the full deal worth nearly 8%

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