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Motorcycling adds £3bn to UK economy, says MCI

 

Motorcycle insurance customers have learned that as the Motor Cycle Industry Association (MCI) celebrates its centenary year in 2010, research indicates that motorcycling supports nearly £3 billion in added value to the UK economy.

MCI research has found that the UK industry employs more than 62,000 people and turns over more than £5 billion in sales annually, to a total value of £2.75 billion in added value.

The organisation is continuing to push for legislative changes for the benefit of motorcycle insurance customers, including on the Third Driving Licence Directive scheduled for 2013.

"Safe riders in a growing market place can only have positive economic benefits and increase the motorcycle industry's contribution to UK PLC in both monetary and social terms," said Steve Kenward, spokesperson for MCI.

Last month, prime minister Gordon Brown acknowledged the importance of motorcycling in the UK, committing to answer Conservative MP Anne Main's questions regarding multi-purpose test centres.

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