Home working, long leases and rise of parking apps - what went wrong for NCP
How could a company that charged as much as £65 for a day's parking fail to turn a profit?
Coverage by Political Leaning
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Notable Quotes
"The firm's collapse shows the combined impact of flexible working, cost-of-living challenges and fuel prices, as well as the general fall in high street shopping and increase in delivery services."
— Nick Stockley , Executive
"There has undoubtedly been a big shift away from commuters needing parking space five days a week."
— Alison Tooze , Executive
"NCP didn't keep up with the changing world of more flexible and app-based local parking."
— Edmund King , Activist
"In principle, a car park would fit the bill nicely."
— Russ Mould , Executive
Key People
Alison Tooze is the chief engagement and policy officer at the British Parking Association.
President of the AA.
Nick Stockley is a partner at law firm Mayo Wynne Baxter.
AJ Bell investment director commenting on Raspberry Pi's performance.
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How could a company that charged as much as £65 for a day's parking fail to turn a profit?
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