Get all your news in one place.
100's of premium titles.
One app.
Start reading
Cycling Weekly
Cycling Weekly
Sport
Adam Becket

'The Cycle to Work Scheme has helped prop up the bike market' – £219 million put into bike industry through tax-break system

A man holds a laptop as a woman wheels her bike into a shop.

The Cycle to Work Scheme has "helped to prop up the bike market" in the UK, the chair of the Cycle to Work Alliance has said.

His comments came as research published by the Alliance showed that the tax-break system brought £219 million in bike and accessory sales last year. The analysis also showed that it brings the British economy £573 million in annual economic benefits across retail, productivity, health, and household savings.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.