Some good news.

"To continue to support the huge rise in the popularity of cycling in the Capital, the Mayor and TfL are investing a further £55 million in cycling this year – up from £36 million last year, and a ten-fold increase on the £5.5 million spent on cycling in 2000. This money is being spent on improved cycle parking facilities, education, events and cycle promotion. "

http://www.bikeradar.com/news/articl...-to-rise-17012