Cycle to Work Scheme sees huge growth as rail fares increase
On the back of rising train fares and fuel prices, ever greater numbers of commuters are getting on their bikes, as the cycle to work scheme sees a huge growth in uptake. With today’s RPI figureshighlighting that regulated rail fares are to increase, on average, by 4.1% next January, increasing numbers of employees are opting to reap the benefits of cycling to work as a cheap and healthy way to commute.
Figures published today by the Cycle to Work Alliance (Cyclescheme, Cycle Solutions, Evans Cycles and Halfords) highlight a 22.5% increase in take up in the second quarter of 2013, when compared to the same period in 2012. This follows a similarly large 19.3% year-on-year increase for the first quarter of 2013.
Overall, the second quarter has seen the scheme encouraging over 29,000 new cyclists to commute to work by bike*, with over 44,000 new cyclists signing up to the scheme in the first half of this year.
With MPs set to debate the findings of the Get Britain Cycling report in Parliament on 2ndSeptember, these latest figures highlight the desire and interest among the UK population to take up cycling and demonstrates that the cycle to work scheme remains a proven, cost effective and affordable way for individuals to do so.
To read our report, please click here: Cycle to Work Scheme sees huge growth as rail fares increase