Boris' 'fantastic' cycle-hire scheme for London

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London Mayor Boris Johnson has said the launch of the capital's new bike hire scheme is a "great day for cycling".

More than 12,000 people have signed up to the idea, far outstripping the 5,000 bicycles which will be available at 315 special docking stations.

The keys cost £3 and the cost of using the cycles varies from £1 for an hour to £50 for 24 hours. TfL and operator Serco expect to roll out the scheme to casual users after a month.

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