Pure Electrical calls on Authorities to fund £50 million-a-year ‘Cycle in Retirement’ scheme | Neighborhood
Pure Electric has known as on the Authorities to encourage over 65s to get again within the saddle by means of a brand new, nationwide ‘Cycle in Retirement’ scheme.
Beneath the plans, retired Brits can be given a 20% low cost on a brand new bike or e-bike of their selection by means of a voucher scheme linked to the state pension.
Pure Electrical believes over one million over 65s may participate within the scheme – boosting bodily exercise, serving to the surroundings, and lowering the burden on the NHS. The scheme would price an estimated £50 million a 12 months.
Pure Electrical CEO Peter Kimberley stated: “Cycle to Work has been so profitable over the previous 20 years, and now’s the proper time, notably given the new lockdown, to construct on that by concentrating on the 12 million over 65s who aren’t in work and might’t qualify for it.
“The pandemic has highlighted the advantages of standard train and cleaner air. We perceive the Treasury is underneath appreciable stress, however this cash would possibly make the distinction between the aged deciding to remain in or taking on a brand new exercise.
“It doesn’t appear truthful that working-age individuals have been in a position to entry Authorities help to get pleasure from the advantages of biking however retired individuals can’t. We’d like to see different bike retailers, sporting our bodies, charities and MPs be a part of with us and again this concept.”
The scheme would cowl each conventional bikes and the brand new era of e-bikes, equivalent to these bought by Pure Electrical. Prior to now 12 months, gross sales of e-bikes are thought to have leapt throughout the nation by as a lot as 50% throughout the nation, led by London and Bristol.
In response to the Nationwide Journey Survey, lower than 1 / 4 of over 60s have a motorbike in contrast with nearly half of 40 to 49 year-olds. Greater than six million over 55s are regarded as ‘inactive’, and common bodily train is seen as being probably the greatest methods of lowering the danger of growing dementia. Bodily inactivity in later life is assumed to price the NHS greater than £100 million a 12 months.
Beneath the plans, a retired individual would establish the bike or e-bike they wished to buy from a collaborating retailer. They might then apply for a voucher for the total quantity from the Division of Work and Pensions by means of the ‘Cycle in Retirement’ scheme. The Authorities would then recoup 80% of the associated fee over a interval one to 2 years by means of a deduction to the state pension.
A survey earlier final summer season discovered that greater than eight in ten individuals picked up biking once more within the first COVID lockdown, however a ballot by Pure Electrical discovered that solely 15% of over 65s imagine the Authorities is doing sufficient to encourage biking amongst retirees and 78% would again the Cycle in Retirement scheme.
Learn the January difficulty of BikeBiz beneath: