TfL cycle hire price hike: Daily cost rises, but ride time doubles

The daily cost of renting a TfL cycle hire bike is rising next month, although at the same time they’re also doubling the duration of each ride that can be taken.The standard day pass, which offers unlimited 30-minute rides for the day, will rise from £3 to £3.50, but at the same time, the duration of the ride will double to an hour, so you can cycle further without paying any extra top-up fees.
However, the gap you have to leave between rides, from when you drop off a bike and