Cycling boosts economy by £3 billion

Cycling in Britain generates almost £3billion a year for the British economy, according to a report by the London School of Economics.

The figure takes into account factors such as bicycle manufacturing, retail and cycle-related employment. The report says £51m was raised for UK manufacturers from the 3.7 million cycles sold in 2010 – a rise of 28% on the number of cycles sold in 2009
More than a million people also started cycling last year, bringing the total number of cyclists to 13 million.

Wiles Greenworld London office supplies and eco friendly furniture supplies distributor that offers free recycling at work encourages cycling to and from work and has set up it’s own scheme to help employees who wish to commute using more environmentally friendly methods. The office supplies company has set up a fund to help buy bikes for all employees that choose to cycle to work.

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