Busiest year yet for TfL’s cycle hire scheme - News aa

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Busiest year yet for TfL’s cycle hire scheme

9 Jan 2023

Transport for London’s (TfL) cycle hire scheme saw more bikes hired during 2022 than any other year in the scheme’s history, with 11.5 million rentals across the year.
Read more…

Cytech share advice through Cycle Show blog

4 Jan 2023

Cytech are gearing up to exhibit at this year's Cycle Show once again at Alexandra Palace, providing practical advice and answering any questions visitors may have about working on their bikes.
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Check how your High Street has changed since 2020

4 Jan 2023

BBC analysis has shown that beauty salons and tattoo parlours have prospered on high streets while the number of banks and department stores has fallen. Places to eat and drink have also... Read more…

£32.9 million to create a national network of walking and cycling experts

3 Jan 2023

Millions are being encouraged to walk and cycle more this year to get fit and save money, with an additional £32.9 million of government funding to accelerate walking and cycling schemes... Read more…

Activate Cycle Academy on The One Show to support BBC’s ‘Gift A Bike For Christmas’ campaign

15 Dec 2022

Cytech training provider Activate Cycle Academy made it onto BBC television and radio this week as part of The One Show’s launch of a ‘Gift A Bike For Christmas’ campaign.
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Upskill your team with Microsoft online courses through Activate Learning

13 Dec 2022

ACT’s Cytech delivery partner Activate Learning, of which Activate Cycle Academy is a part, is offering FREE online Microsoft accredited online courses for employers to enable their staff... Read more…

Retailer Profile: Spokes of Bagshot

13 Dec 2022

We are starting a series of Retailer Profiles, shining a light on some of our best and most interesting independent retailers. If you would like us to consider your shop for inclusion, please... Read more…

Research shows saving money a key driver for people to start cycling

12 Dec 2022

New research published by Cycling Scotland has shown that saving money is a key motivator for people taking up cycling. The study, which tracks changes in attitudes towards cycling in Scotland... Read more…

Bookshops most popular choice as 40% of Britons dream of starting their own small business

8 Dec 2022

Four in ten Britons dream of starting their own small business, with bookshops the most popular choice, according to new research by American Express Shop Small.
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BBC analysis reveals full extent of changes to Britain’s High Streets

6 Dec 2022

The BBC has published comprehensive analysis of Ordnance Survey data that reveals the full extent of changes to Britain's High Streets after two years of Covid lockdowns and trading... Read more…

Busiest year yet for TfL’s cycle hire scheme

Posted on in Business News , Cycles News

Transport for London’s (TfL) cycle hire scheme saw more bikes hired during 2022 than any other year in the scheme’s history, with 11.5 million rentals across the year.

Santander bikes

According to TfL data, 2022 saw 11,506,889 hires, which is 565,625 hires more than were made in 2021, which was also a record-breaking year for the scheme. The scheme also saw record-breaking months between September 2021 and August 2022, with each month achieving the highest number of hires for that month since the scheme launched 12 years ago.

The large docking station outside Waterloo station was the busiest in 2022.

TfL says that the increasing numbers of bike hires reflects wider increases in walking and cycling seen in London over recent years.

Last year also saw the scheme’s first major change in pricing, replacing the daily fee with a flat-rate 30-minute hire rate, along with a new monthly subscription and enhancements to the existing annual subscription rates. Last October also saw the rollout of 500 new e-bikes for the first time, although they’re currently only available to registered users. The new e-bikes saw 129,232 hires made in the first few months of operation.

TfL and Southwark Council have also completed an expansion of the scheme, with seven new docking stations serving people in Bermondsey and Walworth. The new docking stations were funded by Southwark Council.

Santander’s agreement to sponsor the cycle hire scheme currently runs until May 2025.

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