Pandemic wipes 26% off British Cycling revenue

Organisation cuts costs to still generate a surplus in 2021

British Cycling
(Image credit: Getty)

British Cycling has revealed the bruising cost the first year of the coronavirus has had on its finances.

In its accounts for the year to March 31 2021 the national governing body reported its total income fell 26% from £33.5m in the 2019-2020 financial year to £24.6m last year.

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Having trained as a journalist at Cardiff University I spent eight years working as a business journalist covering everything from social care, to construction to the legal profession and riding my bike at the weekends and evenings. When a friend told me Cycling Weekly was looking for a news editor, I didn't give myself much chance of landing the role, but I did and joined the publication in 2016. Since then I've covered Tours de France, World Championships, hour records, spring classics and races in the Middle East. On top of that, since becoming features editor in 2017 I've also been lucky enough to get myself sent to ride my bike for magazine pieces in Portugal and across the UK. They've all been fun but I have an enduring passion for covering the national track championships. It might not be the most glamorous but it's got a real community feeling to it.