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Bike firm's riding high; yourmoney.


Byline: CLINTON Clinton.

1 Town (1990 pop. 12,767), Middlesex co., S Conn., on Long Island Sound; settled 1663, set off from Killingworth and inc. 1838. The school that later became Yale opened here in 1702.
 MANNING

THE firm behind a new bike hire scheme has boosted profits by a third.

Serco, which also runs prisons, the Dockland's Light Railway in London London, city, Canada
London, city (1991 pop. 303,165), SE Ont., Canada, on the Thames River. The site was chosen in 1792 by Governor Simcoe to be the capital of Upper Canada, but York was made capital instead. London was settled in 1826.
 and operates Northern Rail services, made pounds 83.4million in the first half of this year.

The company boosted profits as cashstrapped governments outsourced key services to private firms.

It has a six-year contract worth around pounds 140m to run The London Cycle Hire Scheme in the capital. It will have about 6,000 bikes for hire and 400 docking stations around the city.
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Title Annotation:Features
Publication:The Mirror (London, England)
Date:Aug 27, 2009
Words:92
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