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20 Jun 2025

The House of Commons Business and Trade Committee has asked the ACT, and its parent company Bira, to help them reach out to small business retailers across the country, for their quick input on...

20 Jun 2025

Activate Cycle Academy has reopened its Cytech training facility in Darlington, offering a full range of courses from Home Mechanic up to Cytech Technical Three.
 

18 Jun 2025

The Association of Cycle Traders believes the time has come for greater accountability throughout our supply chain, writes ACT Director Jonathan Harrison in an article published for BikeBiz.

16 Jun 2025

The ACT has welcomed the All-Party Parliamentary Group for Cycling and Walking's report "Unregulated and Unsafe: The Threat of Illegal E-Bikes", which calls for urgent Government action to...

11 Jun 2025

A new academic study has found that overzealous pro-cycling campaigners on social media may be inadvertently damaging the case for better cycling infrastructure across the UK.

11 Jun 2025

Bira has welcomed the Welsh Government's consultation on business rate reforms for retail shops, whilst calling for significant improvements to ensure the proposals truly support high street...

10 Jun 2025

Bike thefts across England and Wales have continued their steady decline, according to new data released by cycle insurance specialist Bikmo.

9 Jun 2025

Retailers on Britain's high streets are being encouraged to put themselves forward for the first-ever Love Your High Street Awards, designed to celebrate the small businesses that bring...

9 Jun 2025

 To coincide with Bike Week (9-15 June) – the UK’s annual celebration of cycling – new research has revealed a clear shift amongst Gen Z and Millennials in their approach...

6 Jun 2025

Independent retailers are facing a "generational" transformation of employment law that could fundamentally change how small businesses operate, according to the final episode of Bira's first...

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7 out of 10 UK cyclists have experienced bike theft with overall cost of thefts totalling £2.4bn, research shows

Posted on in Business News , Cycles News

Seven in ten cyclists in the UK have had their bike stolen (at least once), with the average cost of a stolen bike at £612.80 bringing the total estimated cost of thefts to £2.4 billion, according to new research.

Cycle Thefts

Theft is most common in urban areas, with 82% of Bristol cyclists affected, followed by Newcastle (76%), Edinburgh (74%), Liverpool and London (both 73%). Despite this, only 24% of victims made insurance claims, despite cover options such as specialist bike insurance from providers like Bikmo.

The study, from finance company Novuna Personal Finance, highlights that thefts are most frequently occurring in public places, with 42% of cyclists feeling most at risk at public bike racks and 51% of thefts taking place in public spaces, compared to 30% on private property including outside homes and workplaces.

E-bikes are considered particularly vulnerable, with 75% of cyclists believing they are more likely to be targeted than traditional bikes, amid the rise in e-bike popularity in recent years.

The startling theft figures have directly discouraged many from riding altogether, with 23% reporting a reduction in the amount of cycling they do and 9% having stopped riding completely following a theft.

A Home Office spokesperson said: “Bike theft has a huge impact on individuals and for too long, many of the victims have felt that not enough was being done to prevent their bikes being stolen, or track down the thieves responsible. As part of this Government’s Plan for Change, our Safer Streets Mission is determined to clamp down on the crime that damages our communities, and affects people’s lives, and tackling theft will be a crucial part of that work.”

Theresa Lindsay, Marketing Director at Novuna Personal Finance, said: “With so many cyclists facing the financial and emotional costs of theft, it was clear that bike security needed to be a priority. Investing in a quality lock and ensuring bikes were secured properly could help deter thieves.”

ACT partner Bikmo offers specialist cycle insurance, which can support retailers by offering added value to customers at the point of sale by providing protection in the event of thefts.

Learn more about consumer cycle insurance here.

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