The British Cycling Economy

The London School of Economics has posted a report with details on how cycling affects the british economy. The PDF was supported by Sky and British Cycling.

The report is certainly an interesting read and the image posted to the left shows the key data in a nice way. It’s interesting to note that everything cycling related is in nice bright colours and the small section about rising fuel costs, traffic jams and pollution is in black and white.

The key points

  • £2.9 billion spent by cyclists in 2010
  • Over £853 million spent on accessories in 2010
  • 23,000 jobs in cycling generating over £500 million in wages.
  • 3.7 million bikes sold in 2010 but only £51 million where British built bicycles out of £1.62 billion total.
It’s refreshing to see an article posted about how good cycling is, not just for health benefits.