The funding is part of TfL's Cycle Parking Implementation Plan, published last year, which showed that thousands of new parking spaces are needed to keep up with increased levels of cycling.

The Plan sets out an aspiration to ensure that all stations outside Zone 1 have a minimum of 20 cycle parking spaces within 50 metres of the station and a minimum of 30% spare capacity. Ten stations will be brought up to this new benchmark in the coming year.

Access to cycle parking and bike theft are key barriers to people cycling and through this funding TfL and the Mayor hope to further boost London's growing cycling numbers.

The Mayor and TfL are committed to increasing the number of journeys made in London by walking, cycling or public transport from 63% to 80% by 2041. TfL has doubled the amount of protected space for cyclists since 2016 and is on course to triple it this year. 

Source: www.tfl.gov.uk