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The E50m cost of soaring parking fines
Page 6
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restrictions are seen as the main based HRH Transport says ti
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The Freight Transport Association reports that parking fines issued to operators in the capital have soared by 78% over the past year, costing the industry over £50m.
Its survey into parking in London also reveals that operators have been hit with an average 86% increase in fines and a 104% hike in admin costs.
Operators say the worst areas for fines are Westminster, Camden. the City, and Kensington & Chelsea. The inflexibility of parking attendants and London parking problems. An FA spokeswoman says: "It seems London boroughs are keen to make up their money from fines as parking revenue dropped after the introduction of congestion charging."
Duncan Wood from Hertford number of tickets the firm's fle receives has quadrupled over tl past year: "It used to be an unfc tunate incident if we got a tick but now we expect it.Nearly eve time one of our vehicles goes in London we get fined."