Last I checked, Walking, Bus or Tube all registered as worse r.e. pollution. The article suggested it was mostly about duration of exposure, of which cycling was the lowest.
As for traffic incidents - I don't think they're massively different in London compared to the rest of the UK.
The study in the article indicates that risk of death _by any method_ goes down by 41%, though admittedly it's not based on London data.
-edit- Not the article I mentioned above, but similar results: http://www.bbc.co.uk/news/magazine-35717927 (cycling & walking perform better than public transport r.e. pollution intake.)
As for traffic incidents - I don't think they're massively different in London compared to the rest of the UK.
The study in the article indicates that risk of death _by any method_ goes down by 41%, though admittedly it's not based on London data.
-edit- Not the article I mentioned above, but similar results: http://www.bbc.co.uk/news/magazine-35717927 (cycling & walking perform better than public transport r.e. pollution intake.)