March 11 2014 Latest news:
Friday, December 14, 2012
Car parking charges at London Underground stations will be more expensive in the new year.
But Transport for London (TfL) still says its car parks will be cheaper than the majority of alternative car parks when the new charges are introduced on January 5.
Weekday tariffs will increase from a cross-London average of £4.27 to £5.07 for a day of parking. This is compared to an average of £8.26 at other local car parks, said TfL.
Saturday tariffs will rise from an average of £1.60 to £2.26 a day and Sunday tariffs will rise from an average of £1.12 to £1.66.
Graeme Craig, director of commercial development at TfL, said: “We have taken the decision to increase the tariffs at many of our car parks to bring them in line with local competitors, however, we have kept the changes to a minimum.
“This is the first increase in charges in more than two years and our charges remain below the market rate.”
Revenue generated from the car parks will reinvested into safety in TfL’s car parks and to improve the transport network for commuters.
Mr Craig said: “Safety at our car parks is really important to our customers and we ensure all of our car parks meet the highest safety standards. Revenues generated through our car parks support investment in the transport network to provide improved services and increase capacity.”
Car parks at Amersham, Burnt Oak, Chesham, Hammersmith, Morden, Pinner, Richmond, Upminster, Walthamstow Central, West Ruislip and Wimbledon will not be included in the plans as their facilities are not run by TfL.