OUR STORES REMAIN OPEN for sales, servicing & click & collect. View our Covid-19 safety measures.

The Pure Column: Calling for a new ‘cycling in retirement’ scheme

January 19th 2021

Pure Electric is calling on the UK Government to introduce a new scheme to help retired people enjoy the benefits of cycling.

A ‘Cycling in Retirement’ scheme would give retired people the same benefits as the existing Cycle to Work scheme, which allows employees to buy bikes and cycling-related equipment at a discount thanks to a tax break from the government.

The proposed scheme would be based around an applicant’s state pension, with pensioners receiving a voucher from the government, enabling them to buy a bike or e-bike up front. The cost would then be repaid over the next couple of years through a weekly deduction from their state pension. As with the Cycle to Work scheme they wouldn’t have to repay the whole cost, meaning that they’d get their bike or e-bike at a 20% discount.

Our research shows that not only would it possibly prove very popular, it also wouldn’t cost the government a huge amount of money. We estimate it might cost £50 million a year; by comparison freezing the fuel duty escalator has cost the government an average of around £5 billion a year since 2011 hundred times as much [1].

Physical inactivity is responsible for one in six deaths (equal to smoking, incidentally) and costs the UK £7.4 billion a year (including £0.9 billion to the NHS [1]. Physical inactivity in later life will cost the NHS £103 million this year, rising to £120 million by 2030 [2]. Around 6.4 million people aged 55+ are inactive – which equates to over half of all inactive people in England [2].

The Covid-19 pandemic has reinforced the importance and value of leading a healthy lifestyle. It has also put additional pressure on our transport system, meaning that a scheme which encourages cycling would have multiple benefits.

According to the National Travel Survey [3], over 60s have poorer access to cycling equipment than any other age group, so we think that it is only fair to introduce a scheme like this, which would give them the same benefits as employees enjoy already, and increase their access to a proven health-improving, life-extending means of exercise.

There’s a new budget to come in a couple of months (currently scheduled for 3 March), so we’ve written to Chancellor of the Exchequer, Rishi Sunak, asking him to take a look at this proposed scheme.

Tom McPhail is Pure Electric’s cycling and e-scooting expert, our man with his finger on the pulse of the latest developments in electric transport.

References

[1] https://www.gov.uk/government/publications/physical-activity-applying-all-our-health/physical-activity-applying-all-our-health

[2] https://demos.co.uk/wp-content/uploads/2019/05/Active-Ageing-an-Anchor-Hanover-report-in-association-with-Demos.Final_.pdf

[3] https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/906276/national-travel-survey-2019.pdf

Back to all Articles

Articles you might also like

VIDEO: Tern GSD S10 electric cargo bike review

How easy is it to swap a car for an electric cargo bike? Our latest review, of the Tern GSD S10 electric cargo bike, tackles that...
Read More

VIDEO: Pure Electric’s electric scooter predictions for 2021

Watch our latest video to find out our e-scooter predictions for 2021.
Read More

Bikmo’s expert care tips for your electric bike

Bike Insurance expert Bikmo knows a thing or two about keeping your e-bike safe and secure, so we asked them for some expert tips!
Read More

Basket

You have no items in your basket
Total £0.00
View your Basket
FREE delivery or Click & Collect

when you spend over £20

UK-wide service & repair

16 stores across the UK

  • Amazon
  • American Express
  • Apple Pay
  • Google Pay
  • Klarna
  • Maestro
  • Mastercard
  • PayPal
  • Visa
x