Right. He's right on ONE point. Bicycles are cheaper to run and maintain than cars, so yeah, the 40 odd p per mile is comparatively worth 'more' to us than to a car driver.
That said, why the hell should you penalise someone for choosing to cycle rather than drive? I can bet any money all of these employees have cars too, and so if they take away this allowance all that will happen is they will drive instead, so it won't save them any money, just clog up the roads a little more!
As for a '100 pound bike’ just shows how out of touch he is. That only just cover my pedals you moron!
This schemes so good I'm going to suggest it's taken up at my work, where you do get a mileage allowance if you are asked to make a trip beyond your normal commute, but my work only pays for cars... personally I the the police and many other business shoukd be encouraging more environmentally friendly and healthier means of travelling!