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Shop occupancy rates improve despite cost-of-living crisis

30 Jan 2023

The number of shops lying vacant on British high streets fell during the final three months of 2022, despite pressure on both companies and consumers from the rising cost of living.
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Bike Europe has reported Halfords’ financial statement demonstrating that cycling sales have dropped to pre-covid levels.

18 Jan 2023

The article reports that, in 2021, Halfords saw its annual cycling sales double and stocks dry up. However, by the middle of 2022, it says, warning signs were appearing as inflation and supply... Read more…

Seaside town bucks the trend with indie retail thriving

16 Jan 2023

Weston-super-Mare seems to be one town in the UK bucking the national trend, with new shops opening and businesses reporting an increase in trade, according to a report by Bristol Live.
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Indie bookshop numbers hit 10-year high in 2022 defying tough retail climate

16 Jan 2023

The number of independent bookshops in the UK and Ireland climbed to a 10-year high in 2022, as the book trade defied the odds in an otherwise tough year for high street retailers.
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New King’s banknotes to enter circulation by mid-2024

12 Jan 2023

New banknotes featuring King Charles are to enter circulation by mid-2024. The King’s portrait will appear on four polymer banknotes (£5, £10, £20, and £50).... Read more…

Government scales back energy bill support for businesses

12 Jan 2023

The government has announced it is to scale back support for businesses and their energy bills after warning that the current level of help was too expensive.
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Sector expertise and user experience counts when it comes to retail finance

10 Jan 2023

With retail finance schemes remaining a preferable route for retailers to boost sales during recession than the financial hit required by heavy product discounting, the Association of Cycle... Read more…

Portugal becomes first EU country to cut VAT on bicycle purchases this year

10 Jan 2023

Portugal has become the first EU country to cut VAT on bicycle purchases this year, from 23% to 6%.
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One in three responds to Big Bike Revival to use bike for one in two journeys previously taken by car

9 Jan 2023

Cycling UK says that its Big Bike Revival programme, which encourages people to get unused bikes out of their garages and sheds and start using them for everyday trips, has led to a third of... Read more…

Busiest year yet for TfL’s cycle hire scheme

9 Jan 2023

Transport for London’s (TfL) cycle hire scheme saw more bikes hired during 2022 than any other year in the scheme’s history, with 11.5 million rentals across the year.
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One in three responds to Big Bike Revival to use bike for one in two journeys previously taken by car

Posted on in Business News, Cycles News

Cycling UK says that its Big Bike Revival programme, which encourages people to get unused bikes out of their garages and sheds and start using them for everyday trips, has led to a third of those it has encouraged to cycle more cutting their car journeys by half.

Big Bike logo

According to the charity, four in ten adults throughout the UK own a bike – but only 12% ride a bicycle once a month or more.

It says that in the year to March 2022, its initiative has encouraged more than 80,000 people to either start cycling, or to get back on their bike.

And in a follow-up survey conducted by Cycling UK after three months, 36 per cent of respondents said that they were now using two wheels for trips that they had previously undertaken by car.

The charity says that initiatives such as the Big Bike Revival “are essential to achieving government targets across the UK,” including “doubling cycling journeys in England by 2025, reducing car journeys by 20% in Scotland by 2030, significantly reducing car journeys in Wales by 2040 and for 20% of journeys under one mile to be cycled in Northern Ireland by 2025.”

Sarah Mitchell, CEO of Cycling UK, said: “These dramatic results show the difference it can make when we support people to cycle as a form of transport rather than a sport.

“The programme’s track record of getting people out of cars and onto a bike is a clear sign that people are willing to cycle when it is introduced to them in the right way. I’m especially pleased that the Big Bike Revival has reached people who don’t usually cycle, like women and people from minority ethnic groups.

“The Big Bike Revival is a blueprint of how to get more people in the UK cycling, particularly in harder to reach areas. This is vital as the need for cycling - a cheap and accessible form of transport - will only grow as the cost-of-living crisis deepens,” she added.

Jesse Norman, Minister at the Department for Transport, which has funded the initiative to the tune of £2 million, added: “It’s great news that this programme has transformed travel habits and given thousands of people the confidence to switch to cycling.

“The government has committed £600 million since the start of the pandemic to accelerate the use of active travel. It is a great way to get fit, save money and keep the planet green,” he added.

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