I hear the latest niche in the cycling world is going to be marketed at high court judges - apparently the gavel sector is going to be huge.So, I'm poised.... ready for action..... add to basket finger twitching - will there be a modern gravel type bike, that I most definitely don't need, discounted by such a huge amount over the Christmas and New Year sales that I can't resist buying?
hmmm. Now I'm both hands, add to basket finger twitching like a gunslinger from way out west.... waiting to ease the overstock issue and help the cycle industry back onto an even keel. No doubting that the industry is a bit broken at the moment, I think the big boys have tried to be a bit greedy. I see a Specialized expert diverge with an rrp of £5-6000 but a Sonder Camino ti with an ekar groupset at £3500 and I assume Sonder still have a decent profit margin within that price.Did we talk about this one?
https://www.cycleassociation.uk/new...o+"current+challenges+in+the+cycling+industry
I don't even think we need a cycle to work scheme at all, at least not in the form of a money lender. Instead we could just have a tax rebate scheme and make it only eligible for bikes 100% sourced and manufactured in the UK only. That should kill off the loan sharks, unfair trading practices and threat from Chinese imports, plus give a boost to UK industry all in 1 move. Will it happen? Pffft!And now this
https://www.cyclingweekly.com/news/...s-rally-against-outrageous-cycle-to-work-fees
Honestly Cycle To Work schemes should be a not for profit company setup by the government. It is a tax dodge after all, designed by the cover meant to help the public (reasonably paid public, not the lower paid as they cannot get the scheme last time I looked and I wasn't earning enough, you know the people that need it the most).
Here some USA company is just creaming off 10% of what would be our UK taxes...
although I'd opine that the UK tax system is already overly complex and under-resourced with decision-empowered staff.I don't even think we need a cycle to work scheme at all, at least not in the form of a money lender. Instead we could just have a tax rebate scheme and make it only eligible for bikes 100% sourced and manufactured in the UK only. That should kill off the loan sharks, unfair trading practices and threat from Chinese imports, plus give a boost to UK industry all in 1 move. Will it happen? Pffft!