Financial Times FT.com

London parking fees top global price list

By Daniel Thomas

Published: July 14 2008 18:25 | Last updated: July 14 2008 22:07

London is the most expensive place in the world to park a car, according to a report analysing costs across every large city.

The first global parking rate report, released on Tuesday by ­Colliers International, a property consultancy, shows that car-owning Londoners are worse off than in other regions. The cost of parking in the City of London, in particular, is outpacing that of other financial centres.

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