The CTC has urged local authorities and MPs to make the most of today's cycle investment news, calling it a 'golden opportunity for cycling'.
CTC Chief Executive Gordon Seabright said “We have been campaigning for this for over a century. Now we hope this is just the start for cycling as a way of life in Britain.”
Sustrans chief exec Malcolm Shepherd added his support: "This is fantastic news for those living in the successful cities. Getting about by bike for everyday journeys could become a reality for people of all ages and abilities in those areas, and we warmly welcome this initiative.
"We welcome the recognition that for the cycling revolution to become a way of life for us all this level of investment must be maintained and extended to all parts of the UK, including rural areas.
"Currently only one in fifty trips is made by bike, and we will welcome ongoing investment to achieve a ten-fold increase in cycling to make this revolution the norm."
British Cycling is behind the investment too. President Brian Cookson OBE commented: “British Cycling has taken the lead role in campaigning for cycle-proofing as a means of sustaining the substantial gains we have made in getting more people on bikes.
“So it is very encouraging that Mr Cameron has shown leadership by recognising that better provision for people who want to travel by bike is fundamental to modern transport policy.”