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Bira welcomes recent Bank of England interest rate cut

14 Aug 2024

The British Independent Retailers Association (Bira) has welcomed the Bank of England’s recent decision to cut interest rates from 5.25% to 5%.
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Community rallies around shop owner’s appeal after ‘devastating’ break-in

14 Aug 2024

A shop owner in Bramley, West Leeds, has thanked kind-hearted members of the community after her shop was targeted by burglars.
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National and local governments called on to invest in the repair of the retail sector after recent riots.

14 Aug 2024

The recent wave of civil unrest in the has dealt a severe blow to the UK retail sector, with high-street stalwarts and independent stores alike bearing the brunt of the violence.
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'You have to put in 110% to make a living' says independent retailer

14 Aug 2024

BBC Norfolk has highlighted small businesses calling for more support to help them increase their presence in the High Street.
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150 UK small business grants you could apply for right now

14 Aug 2024

If you need some funding for your small business, website smallbusiness.co.uk has produced a list of grants you could apply for, wherever you're based in the UK.
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Retail inflation remains low as clothing and footwear prices keep falling

5 Aug 2024

Annual shop price inflation remained at 0.2% in July, according to the BRC-NielsenIQ Shop Price Index, the lowest rate since October 2021. Non-food prices remained in deflation, with an annual... Read more…

Men who stole thousands from small businesses sentenced

5 Aug 2024

Two men have been handed suspended sentences after stealing thousands of pounds from small businesses during a card-machine scam.
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Swansea shop stops selling luxury items as thefts rise

5 Aug 2024

Tying down products and stopping selling high-end items are among the measures one shop owner has taken amid a rise in shoplifting.
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The Ice Cream of the Crop on Merseyside wins two more awards

5 Aug 2024

A family-run business that "people come from everywhere" to visit has won two awards. John Hughes is the proud owner of West Kirby's Ice Cream Shop which specialises in creating every... Read more…

Small shop owners reject government’s Work from Home policy, warning they may lose 60% of customers

5 Aug 2024

Workers' rights plans guaranteeing the right to flexible working whenever feasible has led to small shop owners voicing strong concerns about its potential impact on their businesses.
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One third want to cycle more to cut fuel spending

Posted on in Cycles News, Outdoor News

People are looking to reduce their fuel spending by taking more journeys by bike, with as many as 30 percent excited to rediscover two-wheeled journeys, according to a study by online cycling retailer Chain Reaction.

Cycling more

The research surveyed 2,000 adults, finding that nearly four in 10 are planning to cut their fuel spend by cycling more of their journeys.

Nearly half (48%) wanted to cycle more than they currently do, with 30% excited to rediscover the joy of cycling, and 44% after more exercise and 40% seeking more fresh air. Of the reasons why those who had not cycled for at least 12 months had avoided it, 18% said they lacked the confidence, while five per cent did not think they had enough time to repair their old bicycle.

Old bicycles knocking around the garage was a common theme in the responses. About 40% said they had an old bike that could be restored to road-worthy condition, while 23% said they would prefer to restore their old bike rather than buying a new one.

In total, 36% said their bike was not in a roadworthy state, but 89% believed it only needed minor tweaks to make it safe.

Of the 2,000 surveyed, nearly two thirds (63%) said they had sought alternative methods of travel other than their car in the last three months.

The study comes a month after figures published by the Department for Transport as part of its National Travel Survey showed that the average person in England made two per cent of their trips by bicycle between November 2020 and November 2021, while the average number of trips made by bike dropped to 15, down from a high of 20 the previous year.

The figures also showed that the percentage of people who cycle at least once a week for any purpose has fallen from 11.6 per cent to 9.1 per cent, with the average annual mileage covered by bike dropping by 33 miles to 55 miles (a figure more in keeping with pre-pandemic trends, but still much higher than the 39 miles per person.

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