Parking companies making changes to tackle 'five minute rule' in car parks

"The creation of the panel shows the commitment the industry has to improving the reputation of our sector. We must not forget the valuable service we provide to ensure the vast majority of people can park when and where they need." - Will Hurley, IPC chief executive.

"Private parking businesses have been accused of using misleading and confusing signs, aggressive debt collection and unreasonable fees. The introduction of a Government-backed code of practice aims to address these issues."

"Drivers in Britain are facing an average of over 41,000 parking tickets each day from private companies, leading to an estimated total cost of 4.1 million per day."

"The panel established by the British Parking Association and International Parking Community will revise the code to protect genuine motorists who struggle with prompt payments and to update the code for technological advancements."

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