January 20th, 2014
Historically the cycle to work scheme has always appealed more to male riders but new joining figures show that more and more women are now signing up for the scheme.
The cycle to work scheme allows employees of approved businesses to take advantage of tax incentives which mean a discount of up to 50 percent.
There are 32,000 companies who take advantage of cycle to work schemes and companies such as Oxford University Hospitals NHS Trust’s scheme has 57.5 percent female participants, Marks & Spencer are showing that 42 per cent and Nottingham University Hospitals NHS Trust shows that 50 percent are women.
Over ½ a million cyclists have joined the scheme since it was launched by the UK Government in 1999 to encourage workers to commute by bike.