By Max Clarke

London Underground drivers under the ASLEF union have rejected a multi-year pay offer as it failed to ‘meet the expectations or recognise the value of its members’.

The offer included a 4% increase for the first year followed by an increase of inflation plus 0.25% each year until 2016, as well as addressing working on public holidays and access to care for parents.

"We've today made what we believe is a very fair and affordable multi-year pay offer to the trade unions,” said Howard Collins, London Underground’s Chief Operating Officer “which will see staff gain real-terms pay increases and stability over the coming years.

ASLEF union's general secretary Keith Norman commented: “Further meetings have been arranged for the coming weeks. I sincerly hope they will be more fruitful as the current offer does not even match the rate of inflation.”

While ASLEF have rejected the offer, there has been no talk of industrial action.