Future Of British Business
Sunny London Sees Record Bike Rentals as Residents Avoid Tube
Commuters ride Santander bicycles near Liverpool Street Station in London.
Photographer: Carlos Jasso/BloombergThis article is for subscribers only.
London’s municipal bike sharing program has seen its best summer ever this year, as residents take advantage of sunny weather and avoid public transportation due to strikes and rising fares.
The city program recorded 3.9 million rentals from June through August, an 11% increase from last summer. That marks a new record, according to data from network manager Transport for London.