English council parking surplus on course to reach £1bn, predicts RAC Foundation

Parking made the front pages of both The Daily Telegraph and the Daily Express last month, which reported that councils are on course to make a £1bn surplus over the coming year, all at the expense of motorists and retailers. The front page splashes were a response to the RAC Foundation’s annual review of local authority parking budgets. The numbers presented by the motoring organisation are calculated by taking all predicted parking income – charges, residents’ permits,...

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