Bus strikes in the North East will continue after talks with Go North East broke down this afternoon (November 6).
The Unite union had several different financial solutions in mind but each was refused.
It is believed that the dispute can be resolved for around £238,000, less than the pay of two Go North East directors.
The union has calculated that the dispute can be ended with just 0.28% of the annual profit of the Go North East group.
Unite regional officer Dave Telford added: "Our members’ resolve has not waivered, and we will not back down until we have victory in this dispute.
"We put various offers on the table today for the employer to accept and every time Go North East just refused to budge.
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"There is only one party currently wishing to negotiate and that’s Unite.
"I urge Go North East to put their hands in their pockets and come up with the money that it will cost them to end this dispute."
Go North East have been approached for a comment.
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