No statement has yet been made but staff were told this afternoon. The redundancies - some voluntary - are believed to from across the company, including sales reps, IT staff and marketing.

Raleigh makes redundancies

Official details next week but reports from staffers say there have been nine redundancies in internal sales, four from the road.

Jayne Foster, who has been with Raleigh for 22 years, left Raleigh at the beginning of last week in an unrelated move.

In other news...

The cost of living crisis: An opening for opportunistic bike shops?

In the first of a five-part series, The Association of Cycle Traders (ACT), the largest cycle trade organisation in the UK, helps retailers boost their business. This month, a look at how the cost of living crisis will nudge more consumers towards cycling