According to recent data for the Bank area.
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00:00Cycling in the City of London has seen a massive boom, with bike journeys jumping by 57% in
00:08just two years.
00:10During the day, bikes now outnumber cars by 2 to 1 in the square mile, a dramatic shift
00:16for the capital's financial hub.
00:19The surge is being driven in large part by the explosion in dockless e-bikes like Lime
00:24and Forest, which have become a common sight across central London.
00:29In fact, their usage has skyrocketed by 340% since 2022 and now make up about one in every
00:36six bikes in the city.
00:40According to the City of London's corporation's latest cycle count, a snapshot taken every
00:45two years at 30 busy spots, there were 139,000 bike trips recorded on October 9th last year.
00:53That's a big leap from 88,000 counted back in November of 2022.
00:58Between 7am and 7pm cycling accounted for 39% of all trips in the area, up from 27% two
01:05years earlier, while minicab journeys dipped from 27% to 22% over the same period.
01:13The City's City Streets 2025 report highlighted dockless bikes have really taken off and are
01:18about four times as many as there were in 2022, making up 17% of the bikes seen on the street.
01:26Separate data published by Transport for London last November announced that the number of
01:30journeys made by bikes had increased across the capital by 26% since 2019 and by 5% in the
01:40most recent 12 month period.