Urgent warning for anyone who has or is about to sign up to Cycle to Work

I didn't think you could buy anything over a grand on the scheme. As I understood it, the scheme was only for bikes under £1000. That was why all the standard-build Chris Boardman bikes were priced at just under a grand, to catch the top end of the cycle to work people.

businesses with credit licenses can let their employees go as high as they want I believe - either because their day to day business is to extend lines of credit or because they apply specially.

but I take your point, it will be less than common.