According to data collated by the Halifax home insurance division people in the UK have a bicycle stolen at a rate of just over one every minute.
The actual rate is one every sixty-five seconds, worsening from one every seventy-one seconds last year. The data also shows that London is the most dangerous place to own a bicycle, perhaps unsurprising as the bike is a popular form of transport in major cities like this. A Halifax spokesman suggested a simple way to cut the rate of bike theft would be to use a simple U shaped lock when the bike is left unattended.
The Halifax insurance spokesman also suggested looking at garden security, since many bicycles are kept in garden sheds or just in the back garden itself. Simple security is not expensive and could mean a home insurance claim is not needed.