Excessive parking fees and fines from town centre car parking facilities will kill High Street businesses, the Federation of Small Businesses FSB has warned local authorities.
Income from town centre parking in 2005 raised a staggering £1.6billion for local authorities, rising from just £628million in 1997.
The FSB has urged local government to re think the parking problem, claiming that the excessive fees are a short term fix and that customers are ultimately being turned away from High Street shopping.
Free parking at out of town shopping centres has already seen a decline in town centre shoppers and unless the parking fee problem is addressed in the near future we will witness a further decline in town centre shopping.
The FSB says that the parking laws will backfire in the long term as high street shops go out of business and the wealth and employment they create is lost forever.
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1 THE SMALL BUSINESS BLOG » Blog Archive » UK/Ireland Small Business News Round-up - 02/05/2008 // May 2, 2008 at 11:31 am
[...] FSB wants free Town centre Parking: Excessive parking fees and fines from town centre car parking facilities will kill High Street businesses, the Federation of Small Businesses FSB has warned local authorities. Income from town centre parking in 2005 raised a staggering £1.6billion for local authorities, rising from just £628million in 1997. [...]