A dispute between management and workers at BTC has been resolved this afternoon, according to Bermuda Industrial Union president Chris Furbert.

He called an urgent press conference after staff downed tools for a meeting about the company’s refusal to pay an annual performance bonus.

But BTC had an “eleventh hour” change of heart, according to Mr. Furbert, and agreed to pay the cash to some 155 qualifying workers from both the BIU and the Bermuda Public Service Union.

“The initial press conference was going to take a different approach,” he admitted. “The management and ourselves have reached an agreement.”

* Full story in tomorrow's Royal Gazette.