In this day and age one wonders where the major learned to count. In his latest plot, londoners will have the right to rent a bike for slightly more than renting a VW Polo. Prices based on a 24 hour period.
At least the idea behind it is just. The price structure is intended for short term use to encourage people to use the bike rental scheme: 30 minutes free for all journies so with good timing it is possible to ride all day with no charge.
Down side is when the costs do start mounting up, it’ll quickly become cheaper to buy your own bike, or perhaps thats what they are trying todo.
This is not the first time a public bike system has been implemented in the UK, usually however given the culture of crime in the UK, the majority of the bikes were stolen and the trial was abandoned.
The Sunday Times
London Evening Standard