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.

Losing their grip

As a rising number of firms go under, councils must ensure the bailiff they select can operate in difficult economic conditions, write Steve Brown and Mike Corless

 

You only have to pick up a newspaper or watch the news to realise that our economy is under considerable pressure and is on the verge of a recession. Figures recently released by the Insolvency Service show that liquidations for the first quarter of 2008 totalled 3,210 with 25,264 individual insolvencies. In the current economic climate it is inevitable that this number will rise steeply.

The economic downturn means that the average household has to prioritise its finances and most people will...

+91% more

 


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