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SHOP TALK
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Tuesdays 16:00-16:30
Intelligent and entertaining conversation about business, money, technology and workplace issues.

Presented by Heather Payton, each programme picks up on trends and returns to stories that have moved out of the headlines.
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Listen to Shop Talk for 21 December 2004
PRESENTER
HEATHER PAYTON
Heather Payton
 
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Tuesday 21 December 2004

Car Parking

Heather Payton charts the growth of the industry that's arisen around the need to park our cars.

National Car Parks grew from the ruins of the Second World War. The company bought up bomb sites in prime locations for as little as £25. So dramatic has been the rise of car ownership that the founders of NCP sold the company in 1997 for £801 million.

Parking is now a huge industry, worth up to six billion pounds a year. And it’s not just private businesses that are benefiting. Local authorities in London made £185 million in profit last year. Much of that money came from parking meters and fines.

Many motorists believe that councils are more concerned about revenue-raising than cutting congestion. Heather Payton, finds out what's really going on in the world of parking.

Guests:
Nick Lester
Director, Transport and Environment
Association of London Government

David Leibling
RAC Foundation

Tony Sedgwick
Director of Research, National Car Parks

Caroline Sheppard
Chief Adjudicator for the National Parking Adjudication Service, England & Wales


Rudolf Veltenaar
Chairman, Parkmobile Group Ltd

Charlotte Morton
Managing Director, WhizzGo

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