Transport for London research: "Better streets mean better business."
There is lots of discussion at the moment, in the city centre as well as around the country and around the world, about making city streets more accessible for pedestrians and cyclists.
The environmental and health benefits of walking and cycling are obvious but hard evidence into the economic benefits has historically been somewhat lacking. That's all changing. As the conversation around accessibility progresses, more and more research in this area is being carried out.
Transport for London has launched a research hub filled with reports, studies and evidence to present the economic benefits of investment in walking and cycling.
The research shows that not only can walking and cycling improvements increase retail spend and foot traffic, they can also help all businesses reduce absences, increase productivity and attract talent - among a host of other benefits.
While Transport for London's research was London-specifc, it also cites evidence from major cities around the world - see below.