Bike groups: a wheelie good investment opportunity?
Our report considers where to put your money in an industry which has boomed during the pandemic and is now benefiting from further government support.
In 2020 cycling has soared in popularity. First, the closure of gyms led us to search for an alternative form of exercise. Then we were encouraged to avoid public transport on the daily commute. Now, GPs will prescribe cycling as part of the government’s new obesity strategy. It has recently been announced that living with excess weight puts people at greater risk of serious illness or death from Covid-19. With 63% of the UK considered obese, the government has recognised the need for urgent change and has included cycling in its solution. The UK government’s new 'Fix your bike' scheme, which provides…