Cycling contributes almost 3 billion English pounds to the UK economy, according to a report by the London School of Economics, authored by Dr. Grous.
Dr Grous said: “The good news is that structural, economic, social and health factors seem finally to have created a true step-change in the UK’s cycling scene. The growth in involvement we’ve witnessed in recent years feels like a sustainable trend for the first time. In order to build on this momentum and follow the lead, in participation terms, of countries like Denmark and the Netherlands, it’s now essential that the industry focuses on converting the many occasional, lapsed and leisure cyclists into regular and frequent riders.”
The full report is here: British_cycling_economy Grous 2011