Profits at Halfords have risen 11% as more people are buying bicycles not only in a bid to get fit but to try and cut their motoring and travel costs. Likewise sales of car parts increased as consumers would rather repair their existing vehicle than purchase a new one.

Bike sales have been bolstered by the Chris Boardman range of cycles that retail from £399 to £1,500 which are only available in the UK from Halfords. On this point Managing Director, Nick Wharton said “Beautifully for us, the only place you can buy a Boardman bike in the UK is a Halfords store.”

It is likely that the trend to ‘get on yer bike’ will continue and Halfords have plans to open 100 more stores in the UK as a result. European expansion is also on the cards with Poland, Czech Republic, Hungary and Slovakia being targets for new stores. So if you don’t want to be left behind, visit the Halfords website and start pedalling!