Cardiff Council makes £3.5m profit from parking

17 November 2016, 12:48

Car Parking Machine

New figures show Cardiff Council has made the highest profit from parking charges of any council in Wales, raking in £3.5m last year.

Data from the Welsh Government shows 19 out of the 22 authorities in Wales made a "surplus" last year, taking in to account the cost of running car parks.

Cardiff had the biggest "profit", followed by Swansea at £2.4m and Gwynedd which made £1.4m.

In total, councils across Wales made a combined profit of £13m from charges for car parks and street parking - a 14 per cent increase from £12.1m in 2014-15.

Steve Gooding, director of the RAC Foundation, said: “Overall council parking profits in Wales are up sharply again this year, possibly reflecting a recovering economy with people using their cars more.

“It is important that the surplus is ploughed back into transport projects – there are plenty on Welsh motorists’ wish-lists, not least the ongoing campaign to tackle potholes. 

“Some cash could also go towards providing and maintaining off-street car parks, so that they are seen by drivers as a safe and convenient alternative to finding space at the kerbside. 

“While we don’t want our towns and cities dominated by the car, we must remember how dependent many people still are on them. 

"In several areas of Wales – including Blaenau Gwent, Neath Port Talbot and Torfaen – more than 80% of those in employment rely on the car to get to work, some of the highest proportions in Britain.”

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