PLans to reduce the cost of parking in London were unveiled Wednesday by mayoral candidate Lawrence Fox, as he pledged to reverse the “war on motorists”.
The actor and activist has said that if elected to mayor he would seek to cap the cost of residence permits at £ 200 per year – less than half of the amount charged in some London boroughs.
He claimed he would also prevent councils from increasing street parking charges for more polluting cars like diesels.
The move comes on top of promises to remove the congestion tax, which raises £ 150million per year, as well as the ULEZ tax on dirty motor vehicles, which raises £ 40million, and to cancel the tax border fee of £ 3.50 in Greater London. for vehicles entering the capital.
There was no explanation from the Fox campaign on how they would avoid a black hole of around £ 200million a year in Transport for London’s current finances. His spokesperson insisted: “These measures will pay off.”
Parking fees are the responsibility of the 32 borough councils rather than the mayor, but Fox said he would be in a good position to influence local leaders if he wins the mayoral race.
London’s highest strip, Camden, costs £ 493 a year, while Islington charges up to £ 490 and Lambeth up to £ 318.
Merton’s council has discussed its intention to charge up to £ 690 for older, more polluting vehicles. Kensington and Croydon both introduced higher hourly parking fees for polluting cars.
Mr Fox said, “I want to end the war on motorists. At this rate, the only people driving cars in London in a few years will be millionaires.
“I will reduce the cost of parking in London by 50% if I am elected.”
Asked how Mr Fox would balance the books, his spokesperson said: ‘If we don’t take this step to revive central London, the loss of revenue will only increase.’
It is estimated that a limit royalty could bring in an additional £ 500million for cash-strapped TfL from 2023.