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Greeting Card Association expresses concern on new evidence Royal Mail prioritising parcel deliveries over letters.

6 Mar 2024

The Greeting Card Association has reacted to a BBC Panorama programme lifting the lid on Royal Mail management prioritising parcel delivery over letters, which it says are in contradiction of... Read more…

Kate Bush named as Record Store Day ambassador.

4 Mar 2024

Pop star Kate Bush has been announced as an ambassador for this year's Record Store Day, on 20 April.
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Shortlist for Independent Bookshop of the Year 2024 revealed.

4 Mar 2024

The British Book Awards has announced its shortlist for Independent Bookshop of the Year. 
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Local Bike Shop Day 2024 confirmed for Saturday May 4th.

4 Mar 2024

The ACT is happy to confirm the date for Local Bike Shop Day 2024 as Saturday 4 May, the weekend of the early May Bank Holiday.
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New research reveals the best cities in the UK for independent retailers.

4 Mar 2024

Research by global fintech company SumUp has revealed the best cities in the UK for independent businesses.
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Rising costs continue to impact hair and beauty sector

21 Feb 2024

The latest quarterly State of the Industry survey from the National Hair & Beauty Federation (NHBF) shows that the recovery of the sector was slow and steady through 2023 and into January... Read more…

UK votes for its favourite pun-based shop name

21 Feb 2024

The UK has voted for its favourite pun-based shop name, and 'Sew It Seams' - a clothing alteration store in Belfast - has been awarded the top spot. 
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Town centre shops praise council for initiatives

21 Feb 2024

Businesses in the Devon town of Ottery St Mary have praised their local council for initiatives designed to help support them and boost trade.
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Three UK indie coffee shops named among the most popular in the world.

19 Feb 2024

A new ranking of the most popular independent coffee shops in the world has put three UK cafes in the top 10.
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Age-friendly businesses could revitalise Britain's high streets.

19 Feb 2024

Older people could be the financial shot in the arm needed for Britain’s high street, according to research commissioned by the University of Stirling. 
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Busiest year yet for TfL’s cycle hire scheme

Posted on in Business News, Cycles News

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.

Santander bikes

According to TfL data, 2022 saw 11,506,889 hires, which is 565,625 hires more than were made in 2021, which was also a record-breaking year for the scheme. The scheme also saw record-breaking months between September 2021 and August 2022, with each month achieving the highest number of hires for that month since the scheme launched 12 years ago.

The large docking station outside Waterloo station was the busiest in 2022.

TfL says that the increasing numbers of bike hires reflects wider increases in walking and cycling seen in London over recent years.

Last year also saw the scheme’s first major change in pricing, replacing the daily fee with a flat-rate 30-minute hire rate, along with a new monthly subscription and enhancements to the existing annual subscription rates. Last October also saw the rollout of 500 new e-bikes for the first time, although they’re currently only available to registered users. The new e-bikes saw 129,232 hires made in the first few months of operation.

TfL and Southwark Council have also completed an expansion of the scheme, with seven new docking stations serving people in Bermondsey and Walworth. The new docking stations were funded by Southwark Council.

Santander’s agreement to sponsor the cycle hire scheme currently runs until May 2025.

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