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8 May 2025

ACT parent company Bira has welcomed the Bank of England's decision to reduce interest rates from 4.5% to 4.25%, calling it a "much-needed boost" for the retail sector, including for cycling...

8 May 2025

ACT parent company Bira has responded to the news that the 144-year-old Beales department store is staging a "Rachel Reeves Closing Down Sale" in its final weeks of trading, with giant yellow...

2 May 2025

Could the UK cycling industry be showing signs of renewed momentum? Following a challenging period marked by falling sales and overstocked inventories, overall trends and sales figures from...

2 May 2025

The Netherlands is set to legalise electric scooters and other light electric vehicles on public roads from July 2025, provided they are registered and display a license plate.

30 Apr 2025

The ACT has welcomed the announcement of a parliamentary inquiry into e-bike products not meeting safety regulations, which has been launched “in context of dangerous low-quality e-bike...

29 Apr 2025

Edinburgh has been named the UK’s top city for bike commuting, with 10.00% of its workforce choosing to cycle to work, according to new research.

28 Apr 2025

The Labour Government’s new Employment Rights Bill is set to be in force this year and the new regulations will impact high street retailers up and down the country.

25 Apr 2025

ACT parent company Bira welcomes the Chancellor's announcement of plans to create a level playing field for British businesses against unfair international trade practices.

15 Apr 2025

Retail Crime Remains Alarming - Bira's Latest Survey Reveals Urgent Need for Action

11 Apr 2025

Bira has cautiously welcomed the Prime Minister's announcement this week on plans to put 'thousands of Bobbies back on the Beat' with a new neighbourhood policing guarantee.

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TfL cycle hire ridership at lowest in a decade

Posted on in Business News , Cycles News

Journeys made using Transport for London’s (TfL) cycle hire scheme this year are at their lowest in a decade, with the organisation blaming recent bad weather as a potential cause.

TFL hire bikes

Having achieved a record number of hires in 2022, the latest statistics show that the bikes’ usage has declined by a third in the first seven months of 2023, compared with those same months last year. While some 7,383,232 journeys were made from January to July 2022, just 4,976,813 hires have been recorded in the equivalent period this year – a drop of 33%.

It is the lowest number since January to July 2013, when 4,807,338 journeys were made, at a time when the network of docks and availability of bikes was smaller than today.

David Eddington, TfL’s head of cycle hire, said “a number of factors” were to blame, though he picked out the “consistent bad weather recently” as having had “a significant impact on casual hires”.

The year-on-year decline appears to have started in September 2022 – the same month that TfL increased the cost of an annual subscription to the scheme from £90 to £120.

There were reports at the time of a big drop-off in subscriptions, in part because the new charges meant that the “auto renewal” system could not operate, and riders had to manually reactivate their membership for another year.

The pricing for single journeys was also changed to become a flat rate of £1.65 per half-hour of use. The scheme previously charged riders £2 for a whole day of access to the bikes, so long as each journey lasted less than 30 minutes.

Commenting on the decline in usage, Eddington said: “Last year was a record year for the scheme and a number of factors have contributed to a lower number of hires this year, including the consistent bad weather recently, which has had a significant impact on casual hires.

“We will continue our work to make cycling more accessible than ever by continuing to open and extend cycleways across the capital and making further improvements to Santander Cycles, which could include increasing the number of e-bikes in the scheme.”

In June, TfL said it would “be exploring the possibility of adding concessionary fares” to its scheme “to support the most disadvantaged Londoners”, including job seekers and council house tenants.

Under its cycling action plan – which covers cycling in general across the capital – TfL wants to grow the number of daily bike journeys made in London to 1.6 million by 2030, up by a third from 1.2 million in 2022.

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