Transport bosses have stumped up another £5m to try to settle the row over Olympic bonus payments for bus drivers before tomorrow's strike.
Bus workers in the capital are set to stage two new strikes in a dispute over an Olympic bonus payment.
Staff in Transport for London's travel information and call centres will walk out for 24 hours in a dispute over a bonus for the Olympics
Talks to avert strikes by London bus workers unhappy at their Olympic bonuses are entering a third day. According to the concilliation service Acas, negotiations betweeen the union Unite and bus companies have been constructive.
– Peter Harwood, Acas Chief Conciliator
Constructive discussions between the bus companies and Unite have taken place today and the parties now share a greater understanding of each other's positions. Talks have adjourned for the day and the parties will be reflecting overnight. Talks will reconvene at Acas tomorrow morning."
Mayor of London Boris Johnson arrives at the Fleet Street offices of law firm Freshfields Bruckhaus Deringer, to meet the transport secretary Justine Greening MP.
He is there for a business forum, where he will warn companies "not to chance it" when they come to their Olympic travel plans.
Unite members, who are calling for an Olympic bonus payment for bus drivers, have been staging a protest outside the building.
Unite members are staging a bus strike protest outside the Fleet Street office of lawyers Freshfields Bruckhaus Deringer, where union officials expect Boris Johnson to meet Transport Secretary Justine Greening MP.
Peace talks try to settle the bus drivers' dispute are expected to resume this morning. The next drivers' strike is scheduled to take place on Thursday.
The Unite union said its members will strike on Thursday July 5 and again on Tuesday July 24, three days ahead of the official opening of the sporting event.
Steve Turner from the Unite union talked to London Tonight about his hopes for the talks taking place today.
Union leaders are meeting with representatives from the capital's 20 bus companies, in an attempt to prevent further strike action.
Bus workers are planning to walkout for 24 hours this Thursday and on the July 24th, just three days before the Olympic opening ceremony.
They want a £500 bonus for working during the Games.
Convenors representing bus workers in London outside the Acas headquarters in Euston where peace talks resume this morning.
The Unite union has announced two more strikes in a row over Olympic bonuses.
Fresh talks aimed at averting more strikes by London bus workers in a row over an Olympic bonus are to be held.
Members of the Unite union are planning 24-hour walkouts on Thursday and on July 24th, just a few days before the opening ceremony of the Games.
The union is seeking £500 for each of its 20,000 members at 20 bus companies for working over the Games period, pointing out that other transport workers are being paid a bonus.
The union has added £100 to its claim for every day that a strike is held.
The talks will be held at the conciliation service Acas.