Author Topic: Car parking rakes in nearly quarter of a billion pounds for west London boroughs  (Read 1081 times)

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Car parking rakes in nearly quarter of a billion pounds for west London boroughs

West London boroughs are making nearly quarter of a billion pounds a year from car parking.

With the highest rise, Kensington and Chelsea netted a staggering total of £47million in parking revenue last year, which is almost equivalent to parking revenues from Nottingham, Birmingham and Manchester combined.

Figures submitted to the government show the total revenue from on- and off-street parking for eight councils in the west of the capital rose from £206.4m in 2010-11 to £227m in 2013-14.

The biggest increases came in Kensington and Chelsea (up 29.0 per cent from £36.5m to £47.1m), Hammersmith and Fulham (up 22.9 per cent from £28.3m to £34.7m), and Ealing (up 30.2% from £14.5m to £18.9m).

Westminster actually saw its income from parking fall, by 4.3 per cent, over the same time period.

But it remains comfortably Britain's most profitable spot for parking revenue, raking in an astonishing £80.6m in 2013-14.

A Kensington and Chelsea Council spokesman, said: “There is a greater demand for parking spaces in Kensington and Chelsea than practically anywhere else in the country.

“Any surplus generated is limited to specific areas including: highways improvement and maintenance schemes, maintaining parking facilities, concessionary fares, Taxicard, welfare transport for older people and young people with special educational needs, lighting and traffic signs and parks.”

A Hammersmith and Fulham Council spokesman said: “The borough has some of the busiest streets in the country with huge demand for parking space.

"We want to make sure local residents can park near their homes and keep the traffic flowing. Revenue raised goes towards the cost of running our parking service, as well as towards the cost of free travel passes for elderly and disabled people and street repair work.”

The data is extracted from expenditure figures submitted to the government for the last financial year, 2013-14, which were updated this week.

These were then compared to similar figures for 2010-11.

The data includes all income related to on-street and off-street parking, including fees, sales and charges.

Nationally, councils in England made an extra £93.0m from car parking in 2013-14 compared to three years earlier.

Westminster in London made the most from on and off-street car parking - an eye-watering £80.6m.

Kensington and Chelsea was second, at £47.1m - up more than £10m on the figure for 2010-11.

Brent made £13.7m with a rise of 0.3 per cent, Hounslow made £12.4m with a rise of 10.6 per cent, Harrow made £10m with a rise of 18 percent and Hillingdon made£9.4m with a drop of -0.3 per cent.

Brighton (£25.8m) had the highest figure for any council outside London, followed by Nottingham (£18.9m), Birmingham (£18.3m), Manchester (£14.8m), Cornwall (£14.3m) and Newcastle (£14.3m).

 


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