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Cycling Weekly
Cycling Weekly
Sport
Tom Davidson

Beloved British bike maker reports £30m loss

Raleigh Accell Group
TI-Raleigh.

Long-standing British bike manufacturer Raleigh has posted losses of more than £30 million.

The Nottingham-based brand has revealed in newly released company accounts that its losses deepened fourfold year on year, from £6,826,000 in 2022 to £30,146,000 in 2023. The business was profitable in 2021.

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