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3 Oct 2024

The Federation of Small Businesses has launched a new initiative, which it says aims to transform high streets across the UK, by advancing economic, social, and cultural benefits, while also...

3 Oct 2024

3 in 4 Britons (77%) would ban paper receipts if they knew how many trees were cut down to generate them – and millennials are the most eco-conscious (rising to 87%).

25 Sep 2024

Major media outlets, including the BBC and Sky News, as well as regional and cycling-focused media to the growing  have been giving significant coverage to E-Bike Positive, the largest-ever...

25 Sep 2024

The Association of Cycle Traders (ACT) is excited to announce its new partnership with Renticy, the dynamic platform transforming retail through rental solutions. This collaboration brings a...

24 Sep 2024

The British Independent Retailers Association (Bira) is set to address critical issues facing the UK's high streets at its upcoming Annual Conference, marking the event's return after a six-year...

23 Sep 2024

Madison is teaming up with Cytech and the Rediscovery Centre in Ireland, to offer a first-class bicycle mechanic training facility by providing a full Park Tool workshop.

23 Sep 2024

A report from active travel charity Sustrans has found that a total of 1.9 million, or 38 per cent of people on a low income or not in employment want to cycle, or cycle more, but are...

23 Sep 2024

Independent shops are not concerned about Halfords' decision to double its offering of premium bikes, according to interviews with Cycling Weekly.

23 Sep 2024

Cycling Electric has published  an investigation into how misinformation on ‘electric bike’ fires imay be increasing the danger to consumers and affecting sales of...

19 Sep 2024

The British Independent Retailers Association (Bira) has said the inflation rate holding steady at 2.2% in August provides some stability for the high street - but stresses the Bank of England...

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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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