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Cars ‘undercharged for parking permits’

Parking

20 March 2020
 

Car owners are underpaying for their on-street residential parking space across London, according to a new report by think tank Centre for London. 

The report says the annual cost of operating residential parking spaces far outstrips the price that drivers pay for residential permits, with even the most expensive permits falling short. 

“On average it costs councils £336 to operate a parking space in inner London (compared to average resident permit costs across councils...

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