Is Rachel Reeves about to make expensive e-bikes a thing of the past? New cycle to work limits explained

Chancellor Rachel Reeves. Image Credit: PA Media

Chancellor Rachel Reeves is preparing to scale back tax advantages for employees purchasing luxury bicycles through the Cycle to Work scheme, a move expected to reshape the popular green commuting initiative. According to The GuardianĀ and Financial Times, Reeves is expected to announce a new spending limit on the scheme in her upcoming 2025 Budget, amid … Read more