August 1st marked Cycle To Work Day, an annual event that promotes the bicycle as an option for commuting to work.
Yet a new study by BHN Extras, has found that 49% of UK consumers are not currently in a position to buy a bike outright. A quarter (25%) of those consumers, also stated that it would take at least six months to save for one, with 50% stating that they would be most likely to purchase a bike by splitting the cost.
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