Red is the new blue

First the London eye went red and now the bikes.  Shall we call them Santa bikes now? I think there was a joke about Bojo and Father Christmas but I can't remember it.
This is the first of the new bikes I've spotted. Parked in the docking station in Malet Street as I passed on the way to my German class this evening. Having a pause from that now as I'm too busy for the next few months.  Hoping to keep up some independent study and get back to classes in the Autumn