UPDATE: Two cyclists who died in a collision on the A30 yesterday have been named as former army officer Andrew McMenigall and University Boat Race winner and Cambridge graduate Toby Wallace.
The men were on a Land's End To John O'Groats cycle trek, aiming to raise £10,000 for the Kirsten Scott Memorial Trust. They were declared dead at the scene.
The pair, two colleagues at Aberdeen Asset Management, set out to cycle from Land’s End to John O’Groats in July.
And Aberdeen Asset Management spokesman called the pair much loved and valued colleagues.
Andrew was married with two daughters. He joined Aberdeen in 1997 and was a senior investment manager in the global equity team based in Edinburgh. A keen tri-athlete, Andrew graduated as an Officer in the British Army from the Royal Military Academy, Sandhurst before completing an MBA from the University of Edinburgh.
Toby was married and was a senior relationship manager in the firm's Philadelphia office. He joined the company in 2000 as a graduate trainee from Jesus College, Cambridge.
While at college Toby became a winning Blue in the 1998 and 1999 University Boat Race. In 2012, Toby again used his skills to great purpose as a member of an eight man crew which rowed across the Atlantic.
Martin Gilbert, chief executive of Aberdeen Asset Management, said: “I knew both Andrew and Toby well. They were dedicated and popular members of our senior team. The fact that they died in such tragic circumstances while trying to help others less fortunate tells you much about their selflessness and humanity.
"This is a terrible time for the company. More importantly our thoughts are with the families of Andrew and Toby. We will be doing everything we can to support them.”
A spokesman for the charity said: "We are all devastated to learn of this dreadful news. Our thoughts and prayers are with Toby and Andrew’s families and friends at this sad time."
Inspector Stuart Gibbons, of Devon and Cornwall Police said:“Our hearts go out to the families of the cyclists who will be affected by the tragic and sad incident,” he said.
“They were heading back up to Scotland. It appears they were doing some sort of long-distance event heading towards Scotland.
“As a matter of procedure the lorry driver involved has been arrested on suspicion of causing death by dangerous driving."
The man was later released on police bail.
Cycling website road.cc are reporting that that Mike Naylor, a mechanic at work in his garage nearby said: “A colleague said something serious had happened on the A30 so we went out and had a look and we could see somebody in a ditch.
“Just after it happened, a lot of members of the public had got out of their cars and were running backwards and forwards and somebody was giving one of them CPR which was quite shocking.”
The lorry was a white Renault articulated vehicle travelling eastbound
UPDATE: One man was arrested and taken into custody on suspicion of causing death by dangerous driving, with police saying that this was "standard procedure" after such an incident.
The arrested man, aged in his thirties from Holsworthy, has since been relased on police bail while investigations continue.
Highways have placed road closure on A30 eastbound just after the Carland Cross roundabout, diverting eastbound traffic off the A30 at A3076 which is the first Newquay turn off.
UPDATE: The two cyclists have died as a result of the collision.
The westbound carriageway of the A30 has reopened. The eastbound carriageway remains closed.
The A30 was closed at Carland Cross and Highgate.
The air ambulance is at the scene along with police, fire and ambulance crews.
The road is likely to be closed for several hours and motorists should avoid the area.
Police are at the scene of a serious road traffic collision after two cyclists have been in collision with a lorry in Newquay.
Police were called at 8.37am today (Tuesday, July 2) to the A30 eastbound at Summercourt, Newquay, approximately one mile before the Fraddon exit.
Fire and ambulance services have been called.
Motorists are advised to expect traffic delays and avoid the area if possible.