Jonathan Isaby, Political Director, TaxPayers' Alliance, has told ITV News Central that companies have previously moved out of the city to avoid paying parking levy charges.
Nottingham's parking levy is to increase by 16% from next week. It will rise from £280 to £344 per space.
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Generally dry with sunny spells, although there is a chance of isolated afternoon showers.
Any showers will die away during the evening, leaving a dry night with some clear periods.
Scattered showers around at first this evening will soon move away, as dry and clearer conditions arrive from the northwest.