October 11, 2024

Cyclist, 29, is fined just £430 despite leaving hedge fund manager, 54, with ‘life-changing’ brain injuries

Morgan thebritishherald

Morgan thebritishherald

A cyclist who crashed into a pedestrian on a zebra crossing – causing him life-changing injuries – has been let off with a fine of just £430.

Courier Niall Morgan, 29, ploughed into hedge fund executive Gary Ibbott, 54, in London’s Piccadilly, which resulted in him suffering a brain haemorrhage.

Mr Ibbott’s injuries were so severe he had to stand down as a chief financial officer and partner of the hedge fund Cheyne Capital Management.

Morgan was found guilty of cycling without due care and attention after a trial at Bromley Magistrates’ Court, during which he behaved aggressively towards both Mr Ibbott and a police witness.

At one stage, he was warned by District Judge Catherine Moore he would be excluded from proceedings, which would then be held in his absence, as security officers were called into court.

After being convicted, Morgan, who is now unemployed and in receipt of disability benefit, turned to Mr Ibbott to shout: ‘I have no money – you can’t get blood out of a stone.’ 

He was ordered to pay the fine at £10 a fortnight, starting next week.

Mr Ibbott had been walking across a pedestrian crossing in St James’s, central London, at 8.45am on March 6, 2017, when he was struck by Morgan, who was weaving through traffic working as a cycle courier.

Kate Seal, prosecuting, told the court: ‘The Crown say that the standard of Morgan’s cycling fell well below the standard of a careful and competent cyclist.’

Mr Ibbott was taken to hospital where he was found to have suffered a string of serious injuries. But Morgan – who represented himself in court – maintained the crash was a ‘minor unavoidable accident’.

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