{$inpagemarkup}

Search News

Results: 281-290 of 603


Nearly two thirds of consumers committed to sustainability despite cost-of-living pressures

2 Feb 2023

A new report from Shopify has shown that sustainability conscious shopping is on the rise. Consumer interest in green products has remained robust, despite inflation and other economic... Read more…

Shop price inflation hits record heights & peak is yet to arrive

2 Feb 2023

Shop prices have reached record highs after inflation accelerated in January, with a warning that the peak is yet to arrive.
Read more…

Proposed deposit return scheme could put strain on indie retailers

2 Feb 2023

A new deposit return scheme announced by the Government to make it easier for people to recycle plastic bottles and drink cans will put a strain on independent retailers, according to industry... Read more…

Shop occupancy rates improve despite cost-of-living crisis

30 Jan 2023

The number of shops lying vacant on British high streets fell during the final three months of 2022, despite pressure on both companies and consumers from the rising cost of living.
Read more…

Bike Europe has reported Halfords’ financial statement demonstrating that cycling sales have dropped to pre-covid levels.

18 Jan 2023

The article reports that, in 2021, Halfords saw its annual cycling sales double and stocks dry up. However, by the middle of 2022, it says, warning signs were appearing as inflation and supply... Read more…

Seaside town bucks the trend with indie retail thriving

16 Jan 2023

Weston-super-Mare seems to be one town in the UK bucking the national trend, with new shops opening and businesses reporting an increase in trade, according to a report by Bristol Live.
Read more…

Indie bookshop numbers hit 10-year high in 2022 defying tough retail climate

16 Jan 2023

The number of independent bookshops in the UK and Ireland climbed to a 10-year high in 2022, as the book trade defied the odds in an otherwise tough year for high street retailers.
Read more…

New King’s banknotes to enter circulation by mid-2024

12 Jan 2023

New banknotes featuring King Charles are to enter circulation by mid-2024. The King’s portrait will appear on four polymer banknotes (£5, £10, £20, and £50).... Read more…

Government scales back energy bill support for businesses

12 Jan 2023

The government has announced it is to scale back support for businesses and their energy bills after warning that the current level of help was too expensive.
Read more…

Sector expertise and user experience counts when it comes to retail finance

10 Jan 2023

With retail finance schemes remaining a preferable route for retailers to boost sales during recession than the financial hit required by heavy product discounting, the Association of Cycle... Read more…

Back to news menu

One third want to cycle more to cut fuel spending

Posted on in Cycles News, Outdoor News

People are looking to reduce their fuel spending by taking more journeys by bike, with as many as 30 percent excited to rediscover two-wheeled journeys, according to a study by online cycling retailer Chain Reaction.

Cycling more

The research surveyed 2,000 adults, finding that nearly four in 10 are planning to cut their fuel spend by cycling more of their journeys.

Nearly half (48%) wanted to cycle more than they currently do, with 30% excited to rediscover the joy of cycling, and 44% after more exercise and 40% seeking more fresh air. Of the reasons why those who had not cycled for at least 12 months had avoided it, 18% said they lacked the confidence, while five per cent did not think they had enough time to repair their old bicycle.

Old bicycles knocking around the garage was a common theme in the responses. About 40% said they had an old bike that could be restored to road-worthy condition, while 23% said they would prefer to restore their old bike rather than buying a new one.

In total, 36% said their bike was not in a roadworthy state, but 89% believed it only needed minor tweaks to make it safe.

Of the 2,000 surveyed, nearly two thirds (63%) said they had sought alternative methods of travel other than their car in the last three months.

The study comes a month after figures published by the Department for Transport as part of its National Travel Survey showed that the average person in England made two per cent of their trips by bicycle between November 2020 and November 2021, while the average number of trips made by bike dropped to 15, down from a high of 20 the previous year.

The figures also showed that the percentage of people who cycle at least once a week for any purpose has fallen from 11.6 per cent to 9.1 per cent, with the average annual mileage covered by bike dropping by 33 miles to 55 miles (a figure more in keeping with pre-pandemic trends, but still much higher than the 39 miles per person.

Back to news menu

Useful links

If you have any other queries please contact us.