Which may suggest that whilst the Government were falling out amongst themselves in select committee meetings, it was left to the employers and TU to have adult discussion without the finger of Whitehall interfering.
However, the devil will be in the detail and how this would be suitably implemented. With the Network Rail dispute many saw the carrot, but not the stick in the detail of the agreed deal. Hopefully, this proposal for TOC members won't be detrimental to them or the future wellbeing of the rail network.
It will depend on what information is given regarding the year 2/3 of the offer.
Currently it would be a very shortsighted decision to simply accept what is on the table - yes there is the unconditional offer for last year, but anything for the following 2 years will be based on the efficiencies given in return.
Some TOCs don't have much to give, and are currently well renumerated for it - would they accept this knowing that there will be no pay rises in the short-medium term?
Other TOCs have plenty of terms to give in exchange and currently earn far less than the above TOCs. Would they be wise to accept this without knowing what terms would be required to give up to obtain any future rises, and without knowing whether any sort or harmonisation with the above TOCs would ever be possible?
It's very easy to say yes to resolving last year for the 5% unconditional offer on its own, and then move onto this year and next. Having them part of the same deal with no detail, to me, shows that's it's a bad deal or one that can be used to absolutely pillage the T&C's with no comeback.