The London Hire Bicycle, by Adam Thompson.

In the news last week:

• BBC: The VeLON bicycle unveiled. But where are the lights?
• LCC: Westminster will turn junction lights off, sometimes
• LCC: Department for Transport allows local Councils to allow cyclists to ride both ways on one-way streets

UPDATE: The lights on the Velon-bike are dynamo powered; the front one is below the basket; there is a pair of rear ones integrated in the frame, at the bottom of the rear stays. You can see them if you enlarge the picture.