Chris Ames 03 October 2018

Parking management worth £3.6bn, London boroughs say

London’s boroughs have made the business case for their parking management, with a new report that estimates that it is worth £3.58bn per year to the capital’s economy.

Research commissioned by London Councils calculates the value parking services add to the capital at £3.58bn annually. It also finds a cost-benefit ratio of 10:1 for parking management.

The body commissioned Integrated Transport Planning to research public parking management in the capital, which is the responsibility of its boroughs, by evaluating the cumulative impact of parking measures such as bays, yellow lines and parking zones.

Cllr Julian Bell, chair of London Councils’ Transport and Environment Committee, said: ‘Many people only think about parking when they have a bad experience, such as when they can’t find a space or if they receive a parking ticket. This means it is easy to misunderstand why councils and TfL manage parking services.

‘However, with nearly 10 million journeys made in the capital daily, our report shows that parking management makes a major contribution to London’s economy, worth £3.58bn, and every pound invested in parking services benefits our city ten times over.

‘London boroughs use a range of parking measures in different parts of the capital to ensure people, goods and services can move around the city safely and efficiently, incentivising cleaner and healthier forms of transport whenever possible.’

SIGN UP
For your free daily news bulletin
Highways jobs

Practice Supervisor

North Yorkshire Council
£47,181 - £51,356 per annum, pro rata
The service very much promotes flexible working with the ability to work remotely from other bases, as well as working from home Richmond, North Yorkshire
Recuriter: North Yorkshire Council

Practice Supervisor

North Yorkshire Council
£47,181 - £51,356 per annum, pro rata
The service very much promotes flexible working with the ability to work remotely from other bases, as well as working from home Northallerton, North Yorkshire
Recuriter: North Yorkshire Council

Legal Assistant Litigation

Durham County Council
£30,024 to £33,699 p.a. (Grade 7)
The Council’s Regulatory & Enforcement team is expanding and is looking to appoint a legal assistant to support and enhance its litigation work.   WHA Durham
Recuriter: Durham County Council

Customer Services Assistants

Durham County Council
£24,790 to £25,992 p.a. (Grade 4)
A vacancy has arisen within Transactional and Customer Services for two  Customer Services Assistant working full time, 37 hours per week. Your primar Durham
Recuriter: Durham County Council

Litigation Lawyer

Durham County Council
£47,181 to £51,356 p.a. (Grade 13)
The Council’s Regulatory & Enforcement team is expanding and is looking to appoint a lawyer to support and enhance its litigation work.   WHAT IS INVO Durham
Recuriter: Durham County Council
Linkedin Banner