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Nottingham city council says it will not raise as much money as it had hoped from the workplace parking levy in its first year.
The charge means businesses with more than 10 parking spaces will have to pay £288 a year for each space from Sunday.
The authority says it will pay for better public transport including new tram routes and will reduce congestion.
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From April 1st it's all change in Nottingham with the introduction of the new workplace parking levy.