Councils' parking profits soar

London's boroughs made a massive £218 million in profit from parking last year - up almost 18% from the previous year.

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Councils spend less on road safety

Council spending on road safety decreased by 18%

While many councils are enjoying increased profits from parking, they are spending less elsewhere in the community. The Institute of Advanced Motorists - who collated councils' parking profits - calculate that:

Spending on road safety, education and safe routes to schools fell by 18% to £105m.

Spending on highways and transport fell by 6% between 2010/11 and 2011/12, while expenditure on construction, reduced by an estimated 13%.

A Department for Communities and Local Government report last year estimated that spending on highways and transport will fall by a further 11% over 2012/133.

IAM Chief Executive Simon Best said:

“Councils are making record-breaking profits from parking, while cutting road safety spending on life-saving services such as, education for young drivers, cycle training, and safe routes to schools schemes.

“At the same time cuts to road maintenance will mean a backlog of repairs which will simply cost more to fix in the long term.”

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Kingston see 320% profit rise

The largest increase in profit from parking came from Kingston-Upon Thames, which saw an enormous increase of 320% from 2010/11 - 2011/12.

The council earned £3.53 million last year.

The figures, collated by the Institute of Advanced Motorists, cover both on and off-street parking, including fines and other charges.

Havering saw the second biggest increase - their profits shot up 186%, to £567,000.

And Barking and Dagenham's parking pot was boosted 174%, to £1.57 million.

Westminster top earner from parking

Westminster Council topped the list making nearly £38 million on parking after expenditure last year. The figure is an annual increase of nearly 9%.

Second highest was Kensington and Chelsea which made £27.5 million - representing a 30% increase on the year before.

Camden was third, earning £25 million in profit from motorists - up 18% on the previous year.

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