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The study quantifies for the first time the full economic success story of the UK’s cycling sector which generates £2.9 billion for the British economy, equating to a value of £230 for every biking Briton in the country.
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The increased levels of cycling also bring a range of benefits for businesses. Regular cyclists take one sick-day less per year, which saves the economy £128 million per year in absenteeism. Dr Grous found that over a ten year period the net present value of cost savings to the economy could rise to be £1.6 billion. A 20 per cent rise in cyclists by 2015 could save a stretched NHS £52 million in costs. There are also potential benefits associated with reductions in congestion and pollution.
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https://www2.lse.ac.uk/newsAndMedia/news/archives/2011/08/cycling.aspxoldId.20110825182134278
Biking in Baltimore