The Federal government has nowadays introduced that a 3rd larger than standard batch of Repair your Bicycle Vouchers has been introduced into the marketplace, just in time for an expected spring carry in footfall.
Up-to-date today, the Gov.british isles portal features “The third batch of Repair Your Bike vouchers is now offered.” Along with are the two prior notifications, the two of which expose that prior allocations had been snapped up inside 24 hrs the 1st of which crashed the Strength Saving Trust’s web-site on significant desire.
UPDATE: We have it on superior details that this batch will see the release of 150,000, 3 fold the regular 50,000 allocation
Of the pool of 240 bicycle stores who responded as component of CyclingIndustry.News’ 2021 sector report 59% of stores stated they have consequently significantly recognized the vouchers and registered their corporations. On the opposite, 23% reported that they experienced turned down the trade, most citing staying active ample by now with workshop employment. (You can acquire CI.N’s report in entire by getting in contact with the editor listed here.)
Notifying CI.N’s trade forum before, the Bicycle Association’s Stephen Holt wrote: “We have just listened to from the DfT that a new batch of 150,000 “Fix Your Bike” vouchers has been introduced now.
“The Deal with Your Bike Voucher Plan allows associates of the general public to receive a voucher value up to £50 in the direction of the cost of fixing a bicycle.
The Repair Your Bike voucher plan is funded as section of the Government’s £2 billion strolling and biking funds, of which £250 million is allocated to this mend energy. With the launch of this much larger batch 50% of the promised vouchers will have been circulated.