New research commissioned by CTC shows that cycling could provide economic benefits worth £248bn between now and 2050 if England meets the targets for increased cycle use as proposed in the parliamentary ‘Get Britain Cycling’ report.
Today (Tuesday 20 January 2015) CTC, the national cycling charity, launched its report 'The Economic Cycle – Quantifying the benefits of getting England Cycling' which found cycling in England could generate a total of £248bn in economic benefits by 2050.
CTC joins a coalition of cycling and walking partners to support an amendment to the Infrastructure Bill that would create a long term financial commitment and strategy for cycling and walking in England.
Somerset has became the first shire county with over 30% of its councillors committed to Space for Cycling. Since then, Hereford County Council has followed with 47% of councillors backing the campaign.
CTC, the national cycling charity, has hailed Deputy Prime Minister Nick Clegg’s announcement of £214m of new funding for cycling as a key milestone on the way to the “Cycling revolution” promised by David Cameron last year.