Here is a typical GCSE question. Jenny buys an electric tandem bike. It costs £1,420 plus VAT at 20%. Jenny pays a deposit of £500. She pays the rest of the cost in 10 equal payments.

West Midlands-based Tandem Group, with cycling brands Dawes, Claud Butler, and BikeBiz Bike Brand of the Year 2024 winner, Squish, amongst its portfolio, has reported an 11% growth in FY24 revenues.