REDING'S BIKE hire scheme may close if the council cannot find a sponsor to cover the cost of the scheme.
Readybike was launched in June 2014 and comprises about 200 bikes distributed across 28 docking stations. It is operated by Hourbike on a three year contract.
The council said in February that the scheme had had more than 42,000 rentals in the first 18 months of operation.
The scheme was set up with funding from the DfT’s Local Sustainable Transport Fund, which has also covered the...
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