Jobs are set to be lost at a Manchester-based push bike brand after racking up losses of almost £4m.
Insync Bikes is also planning to leave its headquarters, which it only moved into last year. The company has outlined restructure plans after saying the UK market suffered a 'huge erosion' of demand in 2022.
It is also seeking a £3m cash injection from its Indian parent company Hero Cycles by no later than the end of March next year.
