Tag Archives: Cyclescheme

BDA responds to Cyclescheme’s reduction in retailer commission rates

The Bicycle Dealers Association (BDA) has responded to Cyclescheme’s recent announcement of a reduction in retailer commission rates. Effective from yesterday on any unredeemed e-certificate, Cyclescheme commission has been reduced to 8.33%, excluding VAT, for all bikes, accessories and helmets. From the beginning of November, a commission cap will be …

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Cyclescheme reduces commission to 8.33% excluding VAT

Cyclescheme has announced a reduction in retailer commission rates. Effective from today, 28th September, on any unredeemed e-certificate, Cyclescheme commission has been reduced to 8.33%, excluding VAT, for all bikes, accessories and helmets. From the beginning of November, a commission cap will be introduced on Cyclescheme e-certificates above £3,000 RRP, …

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BA mediates industry talks on Cycle to Work commissions

The BA has been acting as an impartial mediator in talks between a number of its members on the topic of Cycle to Work commissions. At the request of brands Giant, Raleigh, Specialized and Trek, and scheme provider Cyclescheme, the BA has been facilitating a series of discussions with the …

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Bicycle Dealers Association forms, targets “financially unsustainable” Cycle to Work scheme model

A new trade body has formed with the aim to highlight issues facing retailers – with its first target the Cycle to Work scheme’s “financially unsustainable” model. The Bicycle Dealers Association (BDA), made up of Bespoke Cycling, Cotswold Cycles, Cycle Exchange, Cyclefit, Pearson Cycles, Saddle Safari and Velorution, with other …

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Local Bike Shop Day 2020 sees record number of bike shops and customers across UK

This year’s Local Bike Shop Day was the “most successful date yet”, with a record number of bike shops and customers celebrating across the UK, organisers have said. The number of bike shops registered on the Local Bike Shop Day website rose by 77%. During the day, the hashtag #supportyourlocalbikeshop had …

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BikeBiz September edition is now available

The digital edition of BikeBiz September is now available. This month we look at how 5G can help enable a ‘new normal’, how COVID-19 has affected trade shows and other events within the industry, and catch up with Ride Concepts and DexShell. This month’s sector guides are cyclocross accessories and …

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83% of UK ‘picked up cycling again due to lockdown’

83% of people have picked up cycling again as a result of lockdown, research by Cyclescheme has found. The study, which coincides with Cycle to Work Day, explored how lockdown has impacted mental health and the nation’s hobbies with cycling topping the resurgence charts, followed by reading (82%) and yoga …

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Pure Electric selects Cyclescheme as exclusive cycle to work partner

Pure Electric has selected Cyclescheme as its exclusive cycle to work scheme partner. Cyclescheme is a hire agreement initiative that helps people to save up to 39% on a new bike or e-bike and accessories. Available to employees of participating organisations and businesses, Cyclescheme lets customers pay for their chosen …

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Cyclescheme sees ‘all-time high’ in certificates amid COVID-19 cycling boom

Cyclescheme has seen an all-time high in certificates amid the COVID-19 cycling boom. According to the data, employers are heavily investing in cycling as a benefit for their workforce, with a 310.3% rise in employer registrations from 24th March when the UK lockdown commenced to date. With much of the …

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