24 7 Parking Observe Soaring Train Station Car Park Charges

London, United Kingdom (PressExposure) October 29, 2009 -- Finding secure and accessible parking in London can be difficult, which is where 24 7 Parking can help. Illustrating the parking issue, 24 7 Parking draw their client’s attention to the soaring cost of train station parking.

Charge increases of up to 50% have been seen as a rail company tactic to offset the expected fare revenue cuts enforced by new regulations starting in January, 2010. Virgin alone has increased costs by 25-50% along their West Coast Line and First Great Western has increased charges by 30%.

These increases are disproportionate to the 0.4% cut in regulated fares which companies will have to make next year - Gerry Doherty, general secretary of the TSSA commented, “the rail companies are picking the pockets of millions of passengers simply because they can get away with it.”

Doherty said the only way to stop the rail companies from “ripping off their captive audience” would be to include car parking charges in the annual rail fares formula, putting a ceiling of 1% above inflation on price increases. He called on the transport secretary, Lord Adonis, to implement this change.

Virgin claim price increases only apply where services have been improved; adding that they’re spending £90m to improve rail customer facilities, that off-peak charges are significantly cheaper and in areas where no improvements were planned the charge would be unchanged.

First Great Western also defended its ‘competitive’ car park costs, stressing that for the past three years the company had absorbed the maintenance costs but could not sustain this long term.

“Commuter parking is becoming increasingly costly and then there’s the cost of your onward journey - that’s a big outgoing before you’ve even started the day’s work,” says Nick Mordin of 24 7 Parking. “We offer convenient, secure and cost effective parking in London, so you can avoid the rat race rates.”

To find out more about 24 7 Parking and their services please visit: http://www.247parking.com/ or call 0207 183 7247 for a quote.

About 24 7 Parking Limited

Established in 2002, 24 7 Parking are experts in finding car parking in London and across the UK. Whether clients are looking for a months’ parking or a years’ parking, 24 7 Parking will find the most convenient and cost effective options.

Nick Mordin
24 7 Parking Limited
309 Linen Hall
162-168 Regent Street
London W1B 5TD
020 7183 7247

Press Release Source: http://PressExposure.com/PR/24_7_Parking_Limited.html

Press Release Submitted On: October 29, 2009 at 4:18 am
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