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Raleigh Files for Insolvency, £30 M Losses, 8,000 Jobs

8/10/2026

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Story summary
  • Raleigh, the UK bike manufacturer, filed for insolvency, ending a firm that once employed 8,000 people in Nottingham.
  • The company recorded losses of £30 million before the filing.
  • At its peak the factory produced thousands of bicycles each month.
  • Former employee Andrew Dutton said the brand’s decline marks the end of an era.