No statement has yet been made but staff were told this afternoon. The redundancies - some voluntary - are believed to from across the company, including sales reps, IT staff and marketing.

Raleigh makes redundancies

Official details next week but reports from staffers say there have been nine redundancies in internal sales, four from the road.

Jayne Foster, who has been with Raleigh for 22 years, left Raleigh at the beginning of last week in an unrelated move.

In other news...

Bike manufacturer Salcano to build new factory following ‘record-breaking’ demand

International cycling manufacturer Salcano has confirmed plans to build a new factory in response to …