Local authorities in England are predicting to make a joint surplus of almost £900m from their parking operations in the current financial year, reports the RAC Foundation. The official figures supplied to government by the 354 local authorities (including Transport for London) forecast that they are on course to generate a combined ‘profit’ of £885m in 2018-19. This is a 13% rise on the £786m they forecast for financial year just ended, 2017-18, the final outturn...
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