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flag NCP, a UK car park operator, entered administration in 2026, risking 682 jobs due to post-Covid declines in parking demand and high lease costs.

flag Car park operator NCP has entered administration, putting 682 jobs at risk, due to years of declining parking demand post-Covid, especially in city centers and commuter areas. flag The 95-year-old company, which operates around 340 car parks across the UK including at airports, hospitals, and train stations, cited shifting commuting habits and high fixed costs from long-term leases as key challenges. flag Administrators from PwC have been appointed, and all sites remain open with staff continuing to work while the business is reviewed. flag Options under consideration include a potential sale of all or part of the company, with some closures possible. flag The firm is owned by the Japanese company Park24.

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