Monthly journal Parking Review has been the definitive source of news and intelligence on the UK and international public and private parking sectors since 1989.

Troubled NCP seeks rent cuts

Parking giant takes legal action to reduce rent burden after lockdown revenues drop by 80%

Mark Moran
10 May 2021
NCP says its launched the Restructuring Plan as a last resort to safeguard the future of its business and more than 1,000 employees
NCP says its launched the Restructuring Plan as a last resort to safeguard the future of its business and more than 1,000 employees

 

Britain’s most iconic parking operator is turning to the courts in a bid to force landlords to reduce the rents it pays them. NCP says that the pandemic has dramatically reduced its revenue streams, meaning the rents it pays on sites are no longer affordable. NCP has commenced a legal process that it hopes will cut the rents it pays on the almost 600 car parks it operates across the UK. NCP said the court action was a last resort to safeguard the future of its business and its 1,000...

+95% more

 

 
 
Strategy & Programme Managers, Strategy & Implementation
Hertfordshire County Council
Hertford
£35,745 pa progressing to £43,857 pa + £2,000 Market Forces
Project Manager
Transport for the North
Manchester
£39,396 - £45,962
Intalink Enhanced Partnership Project Officer
Hertfordshire County Council
Hertford
£32,234 pa progressing to £34,728 pa
View all Vacancies
 
Search
 

TransportXtra is part of Landor LINKS

© 2021 TransportXtra | Landor LINKS Ltd | All Rights Reserved

Subscriptions, Magazines & Online Access Enquires
[Frequently Asked Questions]
Email: subs.ltt@landor.co.uk | Tel: +44 (0) 20 7091 7959

Shop & Accounts Enquires
Email: accounts@landor.co.uk | Tel: +44 (0) 20 7091 7855

Advertising Sales & Recruitment Enquires
Email: daniel@landor.co.uk | Tel: +44 (0) 20 7091 7861

Events & Conference Enquires
Email: conferences@landor.co.uk | Tel: +44 (0) 20 7091 7865

Press Releases & Editorial Enquires
Email: info@transportxtra.com | Tel: +44 (0) 20 7091 7875

Privacy Policy | Terms and Conditions | Advertise

Web design sussex by Brainiac Media 2020