‘In danger of collapse’ Worrying news for users of Dublin Bikes

If you rely on Dublin Bikes to get around the country's capital city, you may want to consider investing in your very own two-wheeler because we mightn't have the service for very much longer.

According to councillor Mannix Flynn, who is a member of the transport committee, the service, which was launched in Dublin in 2009, "is hugely in danger of collapsing" for two specific reasons.

In addition to not having the means to extend the service, objections have been made to the addition of metropoles in the city centre.

According to the councillor, the service, which has previously been considered one of the most successful bike sharing schemes in the world, is currently making a loss.

Outlining the severity of the issue, he explained that the service is haemorrhaging almost €400,000 per year, and is "beginning to creak at the seams".