Improvements to Cycling in London following Tour de France

Meeting: 
MQT on 2014-11-19
Session date: 
November 19, 2014
Reference: 
2014/4330
Question By: 
Tom Copley
Organisation: 
Labour Group
Asked Of: 
The Mayor
Category: 

Question

With regards to your answer to MQ 2014/3036, was any cost/benefit analysis conducted by TfL about whether £6 million would be better spent on the Tour de France or on cycling infrastructure? If so, please could you make it available?

Answer

Answer for Improvements to Cycling in London following Tour de France

Answer for Improvements to Cycling in London following Tour de France

Answered By: 
The Mayor

A cost/benefit analysis comparing the benefits of hosting the Tour de France with cycling infrastructure was not conducted by TfL.

A recent report titled 'Impact of the UK stages of The Tour de France - Three Inspirational Days' highlighted the £128m economic boost to the UK economy that hosting the Tour de France gave. £19.5m of the total directly benefitted the London economy.

As I highlighted in my vision for cycling, the vast majority of the £913m in the TfL business plan allocated to cycling will be invested in infrastructure. These improvements will include a proper network of cycle routes throughout the city; improved junctions and better neighbourhoods for everyone. I also committed to encourage more people to travel by bike. Inspirational world classcycling events like Tour de France are proven to encourage cyclists young and old onto bikes.

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