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@cliveo
It is difficult to predict exactly what will happen.
They may encourage peole to get off the tube and buses and on to bikes. LBSs may benefit as people decide that they enjoy cycling around London but want a better and dedicated vehicle. More bikes on the road, particularly ones prone to doing silly things, may make motorists more aware of cyclists and may discourage people from driving. Easy to nick government bikes may discourage theft of proper bikes.
These would all be positives. Fingers crossed.