Strike action by college lectures has been suspended after the union and management reached agreement in a long-running dispute over pay and conditions.

The Educational Institute of Scotland (EIS) said it was a "significant victory" for its members as Colleges Scotland had agreed to "honour the deal" made in March last year on pay and conditions.

Members walked out on strike several times in recent weeks as part of an escalating programme of action.

The union has now suspended all future strike action.

EIS General Secretary Larry Flanagan said: "Following a further round of talks today, we have reached a position where Colleges Scotland have agreed to honour the deal. This is a significant victory for EIS Further Education Lecturers' Association (EIS-FELA) members and it means that the employers will move immediately to implement Phase 1 of the March 2016 pay agreement.

"As a result, all future planned strike action is suspended.

"EIS-FELA members are thanked for their magnificent support and solidarity throughout this campaign, which has been focused since the start on making management honour the deal.

"The members' action has secured this win, which will see equal pay delivered across the sector and create equitable common terms and conditions for the sector moving forward. This success by lecturers will also inspire other public sector workers fighting for fair pay."

Lecturers had been due to go on strike on from Tuesday May 23 to Thursday May 25.

In a joint statement, EIS and Colleges Scotland said: "Following a period of intensive negotiations, agreement has been reached between the employers and the EIS. This has led to the immediate suspension of strike action by the EIS and will enable college management to implement the March 2016 Agreement.

"After the meeting, Colleges Scotland and the EIS welcomed this breakthrough and are delighted that disruption to student learning has been brought to an end.

"Both sides expressed the hope that this would provide a sound foundation for the college sector moving forward."

A Colleges Scotland Employers' Association spokesman said: "We are pleased that we've reached an agreement, subject to ratification, which not only means an end to the strikes but also, crucially, ensures that colleges can return to business as usual.

"This is a positive step forward for everyone involved."

Deputy First Minister John Swinney said: "I am delighted that the intervention made by the Scottish Government over the last week has helped to facilitate an agreement to end the dispute between the EIS and the College Employers' Association.

"Having put in place arrangements to allow for national bargaining, it has always been the case that resolution of this issue lay in the hands of employers and the union.

"The immediate suspension of next week's strike action will be very welcome news for students and the wider agreement reached today will allow Scotland's colleges to focus on delivering the high-quality education the sector is known for."

Scottish Labour's further education spokeswoman Monica Lennon MSP said: "We welcome the commitment by Colleges Scotland to honour the March 2016 agreement.

"This will be a massive relief to lecturers and students right across Scotland.

"The Government should be apologising for the fact it has taken so long for the promise that SNP ministers made six years ago to only now begin to be delivered."