You are here: Home - Household Bills - News -

Councils making £850,000 a year from ‘cash cow’ motorists

Written by: Emma Lunn
Councils are issuing an average of 63 parking fines a day, with drivers caught breaking the rules typically paying a £37 fine.

Research by Compare the Market found that councils are charging more than £850,000 in parking fines a year on average – but some local authorities levy more than 10 times that amount.

The research found that the London Borough of Newham is the parking fine capital of the UK. Newham council issued 239,000 fines between July 2019 and August 2020, and raked in more than £10m in revenue.

Nine of the 10 local authorities taking in the most cash from parking fines are in Greater London and include the boroughs of Haringey, Ealing, Lambeth and Fulham, with each council collecting more than £4m in revenue in fines each year.

Outside of London, the City of Glasgow and Birmingham City Council were the local authorities most likely to issue a ticket. Wellington Street in Glasgow and Alum Rock Road in Birmingham are the top parking fine hotspots in those cities.

Compare the Market found that the average parking fine issued by councils across the UK was £37, rising to £41 on average in the 20 local authorities that made the most revenue from parking fines.

Drivers in London Borough of Haringey, Gosport Borough Council, and Durham County Council were issued with the highest fines costing them £72.04, £66.25, and £57.93 on average respectively.

In the past year local authorities, on average, issued nearly 23,000 parking fines – with the 20 authorities that issued the most fines handing out nearly 2.2 million fines between them.

Up and down the country local authorities are issuing 63 parking fines a day – rising to 307 fines per day by the 20 local authorities issuing the most fines.

Dan Hutson, head of motor at Compare the Market said: “Parking fine revenues are a cash cow for many local authorities. Up and down the country drivers are regularly being caught out by tight parking restrictions. With the third lockdown now in place, we would encourage drivers to take extra care and attention when parking up their car to ensure they avoid a parking fine.”

There are 0 Comment(s)

If you wish to comment without signing in, click your cursor in the top box and tick the 'Sign in as a guest' box at the bottom.

Autumn Statement: Everything you need to know at a glance

Yesterday Chancellor Jeremy Hunt made his first fiscal statement in the role, outlining a range of tax measure...

End of Help to Buy: 10 alternatives for first-time buyers

The deadline for Help to Buy Equity Loan applications passed on 31 October. If you’re a first-time buyer who...

Moving to an energy prepayment meter: Everything you need to know

As households struggle with the soaring cost of energy, tens of thousands of billpayers are expected to move o...

What will happen if rates change

How your finances will be impacted by a rise in interest rates.

Regular Savings Calculator

Small regular contributions can build up nicely over time.

Online Savings Calculator

Work out how your online savings can build over time.

DIY investors: 10 common mistakes to avoid

For those without the help and experience of an adviser, here are 10 common DIY investor mistakes to avoid.

Mortgage down-valuations: Tips to avoid pulling out of a house sale

Down-valuations are on the rise. So, what does it mean for home buyers, and what can you do?

Five tips for surviving a bear market mauling

The S&P 500 has slipped into bear market territory and for UK investors, the FTSE 250 is also on the edge. Her...

Money Tips of the Week