Revealed: Full extent of cycle crime theft 'epidemic' in London estimated at 40,000 stolen bikes a year

The number of bikes being stolen in London could be almost three times higher than official figures suggest, according to a hard-hitting new report.

As many as 40,000 bikes a year are though to be stolen in the capital once thousands of unreported thefts and the number taken in burglaries is included, according to the London Cycling Campaign.