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How much cash do you still accept? Independent cycling retailers can respond to this survey today

30 Oct 2024

ACT parent company Bira is working with UK Finance and other organisations who form the UK’s wholesale cash industry to gain vital information to ensure businesses get the best possible... Read more…

Bira Conference a huge success with ACT members in attendance

25 Oct 2024

ACT members were in attendance at the hugely successful Bira Conference in London last week, featuring an inspiring line-up of speakers providing valuable insights from independent retail... Read more…

Bira cautiously welcomes retail sales growth but calls for continued support

11 Oct 2024

ACT parent company Bira has responded to the BRC-KPMG Retail Sales Monitor for September 2024
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FSB launches blueprint to revitalise UK high streets and boost tourism

3 Oct 2024

The Federation of Small Businesses has launched a new initiative, which it says aims to transform high streets across the UK, by advancing economic, social, and cultural benefits, while also... Read more…

Award-winning gin distillery to open new shop in Morecambe

3 Oct 2024

A family-run gin company is set to open a new distillery and shop in Morecambe.
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‘Largest independent bookshop in the country’ to open in York

3 Oct 2024

Independent booksellers Topping & Company will open a new bookshop over multiple floors in central York in autumn 2025.
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Three quarters of British shoppers would ban paper receipts on eco grounds, new data shows

3 Oct 2024

3 in 4 Britons (77%) would ban paper receipts if they knew how many trees were cut down to generate them – and millennials are the most eco-conscious (rising to 87%).
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Bira Urges Chancellor to Safeguard Independent Retail in Upcoming Autumn Statement

24 Sep 2024

The British Independent Retailers Association (Bira) is set to address critical issues facing the UK's high streets at its upcoming Annual Conference, marking the event's return after a six-year... Read more…

Independent Retailers Association says steady inflation at 2.2% provides stability, but calls for interest rate reductio

19 Sep 2024

The British Independent Retailers Association (Bira) has said the inflation rate holding steady at 2.2% in August provides some stability for the high street - but stresses the Bank of England... Read more…

Reducing the Carbon Footprint of Cash Processing – A Guide for Businesses

17 Sep 2024

UK Finance and others who form the Cash Industry Environment Charter have been discussing best practices when it comes to cash deposits, and as a result have produced a short guide on reducing... Read more…

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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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