classic33
Leg End Member
Says the DfT in report
"The report summarises the benefit-to-cost ratios (BCR) of a number of schemes planned or underway as a result of funding from Cycle City Ambition Grants and Cycling in National Parks Grants. It found that the return on money spent on cycling varied from just above 2:1 to a whopping 35:1.
Not every scheme does that well, of course, but the average benefit is expected to be around £5 for each pound spent.
Of the eight cities given a share of the £77 million city grant, Cambridge and Oxford, which have high levels of cycling already, are expected to benefit most with BCRs of 35.5 :1 and 16.5:1. At the other end of the scale, Leeds and Birmingham do rather less well, but they will still return a little over two pounds in benefits for each pound spent."
"The report summarises the benefit-to-cost ratios (BCR) of a number of schemes planned or underway as a result of funding from Cycle City Ambition Grants and Cycling in National Parks Grants. It found that the return on money spent on cycling varied from just above 2:1 to a whopping 35:1.
Not every scheme does that well, of course, but the average benefit is expected to be around £5 for each pound spent.
Of the eight cities given a share of the £77 million city grant, Cambridge and Oxford, which have high levels of cycling already, are expected to benefit most with BCRs of 35.5 :1 and 16.5:1. At the other end of the scale, Leeds and Birmingham do rather less well, but they will still return a little over two pounds in benefits for each pound spent."
