Money Wellness

cost of living

Published 08 Apr 2024

2 min read

Parking costs are set to rise by up to 60%

This month, local councils are increasing parking charges by up to 60% as they face  debts and limits on the amount they can raise council tax.

cars in a car park
Lydia Bell-Jones - Money Wellness

Written by: Lydia Bell-Jones

Financial content writer

Published: 8 April 2024

How much do councils make off parking?

Figures from the Department for Levelling Up show that drivers have paid out almost £2 billion altogether in car parking spaces run by councils in the last year.

 £1.93 billion were paid in fees and fines in the year to April 2023, which is up from £1.76 billion the previous year.

Some of the areas parking charges are rising include East Grinstead West Sussex, where fees will rise by as much as 30% and 29% in Shrewsbury, Shropshire.

In Kirklees, the West Yorkshire authority for Huddersfield, Holmfirth and Dewsbury, parking fees are increasing this month by 60%. Harrogate in North Yorkshire will see their parking fees rise by 20% on April 19.

But the area of Harrogate is using a new system to monitor prices avoid shoppers choosing to park elsewhere, harming the local economy.

Dan Hubert, chief executive of AppyWay, which has created the new system, said: 'High streets have been dwindling and cars and parking have been treated as a cash cow. In some cases, cities pay more for enforcement than they collect.’

Elsewhere, the new National Parking Platform, which is set to be used this month by some local authorities will also provide real-time information on the use of parking spaces.

The Local Government Association, which represents councils in England and Wales, said: 'Income raised through parking charges is spent on running parking services. Any surplus is spent on essential transport projects, including fixing the £16 billion road repairs backlog, reducing congestion, tackling poor air quality and supporting local bus services.

'Motorists can avoid fines by ensuring they observe parking and traffic rules that are only there to help all drivers get around and find parking safely, smoothly and fairly.'

 

Lydia Bell-Jones - Money Wellness

Written by: Lydia Bell-Jones

Financial content writer

With a background in banking, Lydia has been writing professionally for over five years. She is passionate about helping people improve their personal finances and has a particular interest in the connection between money and mental health.

Published: 8 April 2024

The information in this post was correct at the time of publishing. Please check when it was written, as information can go out of date over time.

Read our latest news or check out other popular pages on our website:

Lydia Bell-Jones - Money Wellness

Written by: Lydia Bell-Jones

Financial content writer

Published: 8 April 2024

More blogs on cost of living

View all
cost of living

One in 10 parents in poverty say their child’s been bullied for being poor

Calls are being made to lower school costs for the poorest families.

Read more
Families to be worse off in 2030, report warns
cost of living

Families to be worse off in 2030, report warns

Living standards tipped to fall over the next five years.

Read more
Shoppers cutting back on non-essentials to manage rising costs
cost of living

Shoppers cutting back on non-essentials to manage rising costs

63% spending less on non-essential items.

Read more
Average Customer Rating:
4.9/5
Independent Service Rating based on 10852 verified reviews. Read all reviews