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13 Feb 2024

Fabian Hamilton MP, co-chair of the Walking and Cycling All-Party Parliamentary Group, has said that the Cycle to Work scheme "must be reformed".

13 Feb 2024

The British Independent Retailers Association (Bira) has called for a series of cost-saving measures in the next Budget to help boost business.

12 Feb 2024

People across England are missing out on a slew of health, wellbeing and environmental benefits due to half a century of “chronic underfunding” of its streets, according to Cycling...

12 Feb 2024

ACT member and Cytech-accredited Pauls Cycles in Dereham, Norfolk has said its electric bike sales have increased by a quarter since October, despite predictions they would drop off over...

9 Feb 2024

Guy Opperman, the Minister for Roads and Local Transport at the Department for Transport, whose focuses among other things on cycling and active travel, has attended a meeting of...

2 Feb 2024

The Department for Transport (DfT) has published new information on how to safely purchase, charge and use e-bikes and e-scooters in an effort to improve consumer safety.

30 Jan 2024

Cyclists in Warwickshire rode around the world during December as part of an initiative to encourage safe winter cycling.

30 Jan 2024

An  analysis of almost 380,000 people living in Scotland suggests that commuting by bike reduces the risk of mental ill-health.

30 Jan 2024

A North Yorkshire cycle shop, which has become one of the largest bike businesses in the area, is celebrating its fifteenth anniversary.

30 Jan 2024

For our latest retailer profile, we spoke with Dallas Wiseman from BikeWise & Run, a Ceredigion-based bike shop that has become a hub for cyclists in the region.

Co-chair of the Walking and Cycling Parliamentary Group says Cycle to Work scheme

Posted on in Business News , Cycles News

Fabian Hamilton MP, co-chair of the Walking and Cycling All-Party Parliamentary Group, has said that the Cycle to Work scheme "must be reformed".

Cycle lane

Last week, Mr Hamilton met with ACT representatives and heard the concerns retailers had with the Cycle to Work scheme.

Among these concerns were suggestions that the scheme was overly complicated, inconsistent and out of date. However, the chief concern was the fact that individual bike shops were forced to bear the heavy administrative costs of the scheme, whilst third-party providers made healthy profits.

Now, in a statement published on Global Cycling Network, Mr  Hamilton has stated that he too believes the Cycle to Work scheme needs to be reformed:

"The current schemes must be reformed so that small businesses are able to take part without operating at a loss. The intermediaries, that are often large corporations, are raking in the profits while small cycling manufacturers and shops suffer."

The intermediaries in Cycle to Work schemes are private businesses that facilitate the scheme for employers.

These providers buy bicycles from bike shops on behalf of participants in the scheme, then rent the bikes to the participants. The administrative cost of this transaction is high, and at the moment, it is lumped almost entirely on the individual bike shops.

The scheme might need reform, but Mr Hamilton makes clear that schemes of this kind are a good thing, saying:

"Schemes that promote cycling are vital to public health and tackling the climate emergency."

Indeed, he sees the bicycle industry as a key part of the "new industrial strategy" that the Labour party is campaigning for at the upcoming general election. He concludes by saying:

"Cycling businesses are integral to this [strategy] and we will make it as easy as possible for them to do business in the UK."

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