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Forbes: Cyclists Spend 40% More In London's Shops Than Motorists


©CARLTON REID

New research from Transport for London (TfL) claims that people walking, cycling and using public transport spend more than motorists in local shops. Conducted by Matthew Carmona from University College London's Bartlett School of Planning, the research reveals that those not in cars spend 40% more each month in neighborhood shops than motorists.

The research was conducted in areas of London which have benefitted from Dutch-style streetscape improvements, such as the addition of cycleways.

Transport for London's “Healthy Streets Approach” designs streets for people that are easy to access by foot or bike.

TfL's Director of Transport Strategy Lilli Matson said: “This research from our new online hub shows the link between creating enjoyable spaces, where people want to spend time, and the results for better business.”

In those areas improved – such as Bromley – the number of people walking in the streets increased by 93%.

People also spent more time in the street, with a 216% increase in activity such as going into shops and cafés.

Thanks to the increased – and improved – footfall, retail rental values increased by 7.5% and there was a 17% decline in retail vacancies.

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