London Mayor Johnson Asks Barclays to Double Bike Hire Backing

London Mayor Boris Johnson asked Barclays Bank Plc to double its sponsorship of the U.K. capital’s bike hire program to 50 million pounds ($81 million) in recognition of the support British tax payers give to the financial sector.

The bank, which put 25 million pounds into the 140 million-pound project, should show it wants to put something back into the community, Johnson said. Cyclists rent bikes from stations around London and drop them off at the end of their journey.