According to figures out today from the Office for National Statistics, the City of London Police dealt with a 27 per cent increase in bike thefts in the year to June.
This meant that on average, one bike was stolen every day in the City, bringing the total to 374. it was roughly in line with a 24 per cent jump in bike theft across the capital, but above the national increase of 19 per cent.
Vehicle offences, including car theft, rose fastest with an increase of 37 per cent to 175.
However, the City of London Police said the figures might give a misleading picture.
"While we acknowledge the ONS figures released today, the City of London Police records its performance in line with the financial year," a spokesperson told City A.M. "A year-on-year comparison for the financial year to date (1 April – 18 October) shows the number of cycle thefts in the City of London has stayed constant, at 249 for both six-month periods. In addition, the number of vehicles offences has decreased in the same period from 106 to 89, a drop of 16 per cent."
"We work closely with partners such as the City of London Corporation, Transport for London, BTP, Metropolitan Police, BikeRegister and retailers to crack down on cycle theft in the City, with a number of bike-marking events, as well as enforcement activity."
According to the ONS data, overall theft was up in the City of London Police jurisdiction, which is separate to the Metropolitan Police. Theft offences jumped 12 per cent to 3,509, making it the most common form of crime in the City.
But there was some good news in the Square Mile. Reports of sexual offences, drug offences, crimes against public order and incidents of violence causing injury were all down. The 19 per cent decline in sexual offences was in stark contrast to a 10 per cent increase in the rest of London.
However, the 11 per cent increase in stalking and harassment in the City outstripped the average London rate of four per cent.
Still, we can all take comfort from totally separate data released today which showed that the Square Mile has the UK's least pothole-y roads.