Increased parking revenues a ‘cash cow’ as councils make nearly £1bn

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Increased parking revenues a ‘cash cow’ as councils make nearly £1bn
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AA analysis of Government data found English local authorities made a surplus of £962 million from parking operations in 2022/23.

Annual revenues from council parking operations in England have reached nearly £1 billion, new figures show

AA analysis of Government data published on Thursday found that English local authorities made a surplus of £962 million in the 2022/23 financial year.The total for both types of parking was just £318 million during the previous 12 months, which was affected by coronavirus travel restrictions.

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