Mobike is pulling all of its bikes out of Newcastle and Gateshead

Cycle hire firm Mobike is pulling all of its bikes out of Newcastle and Gateshead. The company has confirmed that it is suspending its North East operation, moving hundreds of its distinctive orange and silver bikes from Tyneside to London. It comes after months of speculation over the cycle sharing service’s future in the region, amid concerns about vandalism – with many bikes seen dumped in the River Tyne or abandoned elsewhere.

Mobike said: “We have enjoyed serving Newcastle and Gateshead and have received great support from the people of the city, the city councils and Northumbria Police. However, in order to increase the sustainability of our UK business we will focus on developing our operations in London during the rest of the year.

Read more here.