The London Borough of Tower Hamlets plans to contribute up to £2m towards extending the capital’s bike hire scheme across the borough. Tower Hamlets is on the eastern boundary of the existing scheme and already has 15 hire stations but last November TfL announced plans to extend the scheme eastwards to cover the whole borough by March 2012. Tower Hamlets has offered £2m in principle towards the expected £40m costs of roll-out and so far has raised £800,000. Its...
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