Up to 40 employees could be made redundant, with some being offered alternative positions in Brigg. Falcon has been outsourcing for some time but some high-end bikes were still assembled in the UK. All production moves overseas in June.

Falcon closes UK production line

Steven Bell, Falcon Cycle’s MD, said:

"With expanding sales in a competitive market it is essential that Falcon continued to reduce costs to offer its retailers the best products at the best prices."

In other news...

FCA fees ‘penalise independent businesses’

The FCA recently announced increases in its base rate fees that will have an ‘unfavourable …