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Post details: Are Airport Parking Rates Being Abused?

04/04/07

Are Airport Parking Rates Being Abused?

Permalink 09:55:28 am, Categories: UK Parking  

www.Airport-Carpark.co.uk: Car parking charges range from £7.30 an hour to just 10p, according to a huge study of rates across Britain. The GMB union said its findings proved that private equity firms have targeted car parks as a "cash cow" in recent years.

The survey of more than 300 car parks showed the most expensive were in London, including £7.30 an hour near Oxford Circus and £6.80 in nearby sites.

The cheapest car park was found in Reading, Berks, at just 10p an hour.

This was followed by 25p an hour at a park and ride in Belfast.

According to the report, the cheapest one in Edinburgh was 75p an hour.

The most expensive out of London was Luton Airport at £6.50.

"The charges demonstrate the extent to which car parks are being used to extract money from motorists," said GMB official Rob Kelsall.

"Private equity companies have targeted car parks as a cash cow and have taken over £1 billion out of the industry in the last few years.

"While this money has been taken out, the numbers employed in each car park has been reduced as workers have been replaced by pay machines, automated barriers and CCTV cameras."

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