As the recently departed Norman Tebbit would attest, there has long been a connection between bicycles and jobs, particularly for the working classes. It was at the 1981 Conservative party conference that he gave his famous speech describing how in the Thirties, his unemployed father had ‘got on his bike and looked for work and he kept looking ‘til he found it’.

Almost half a century later, the parameters may have changed but the fundamental association remains the same. Or it did. Plans reportedly being drawn up by Rachel Reeves ahead of the Budget this month aim to sharply reduce the tax benefits available under the Cycle to Work scheme.

No sum is too small to be the target of Labour’s class warfare

First introduced by Tony Blair in 1999, the scheme allows employees to save up to 42 p

See Full Page