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flag UK private parking firms face scrutiny over 63% profit margins and rising ticket numbers, prompting calls for tighter regulation.

flag UK government data reveals private parking debt recovery firms average 63% profit margins, raising concerns over excessive earnings for standard services like payment plan administration. flag The Ministry of Housing, Communities and Local Government calls this a market failure, noting recovery fees up to £70 per ticket—previously capped but withdrawn after legal challenges. flag Over 180 private parking firms now access DVLA vehicle keeper data, fueling criticism over transparency and aggressive practices. flag A 24% surge in tickets issued from April to June 2025 has intensified scrutiny. flag The Labour government is consulting on a new code of practice, with the £70 fee cap under review. flag Industry group BPA disputes the profit figures, calling them misleading, while watchdogs like the AA and RAC Foundation demand stricter oversight. flag The government says it will respond to the consultation soon.

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