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I now write on law and regulation facing the pensions sector for Professional Pensions and this portfolio will no longer be updated. Please read all my new articles on the Professional Pensions website.

Hundreds of businesses promote bike benefits on Cycle to Work Day

Almost 900 businesses sign up to scheme which allows employees to buy bikes in a tax efficient way through their salary

Cyclists at Hyde Park corner in London
760,000 people regularly commute to work by bike • Photograph: Gerry Lynch

Businesses up and down the country yesterday called on their employees to cycle to work, in an initiative designed to promote the health and economic benefits of cycling.

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