If you hang around the West End, you'll notice that during the daytime every bit of street furniture has at least one bike locked to it.
Westminster Council's cycling policy has failed. They've tried hard to discourage it, by having no roadspace given over to cycling and maintaining 30MPH limits throughout the borough. They've deliberately tried to keep the number of cycle stands to a minimum, but those pesky cyclists keep on coming. Don't these people own cars? Then they'd be pouring money into Westminsters coffers with parking fees and fines, instead of cluttering up the street scene.
And what do the police do? Create a cycle theft unit. That's only going to make things worse. They should be targeting the cyclists, not the law-abiding thieves!
Thank goodness TfL have come to their senses and are not taking the Bike Grid idea any further. This kind of lawlessness must be discouraged at every opportunity.
If you think I'm joking about this, take a look at this post on Cyclists in the City.