Parking fines be privatized to a for-profit company

Local residents are angry about the suggestion by a private consulting firm, PricewaterhouseCooper (PwC), that parking fines be privatized to a for-profit company and that the Ceredigion council could “take a share of profits.” Cambrian News reports that “efforts are now being made to improve the system. However, PwC, which receives a cut of savings it helps identify, has said privatization of the service could see the council better off. Cllr Euros Davies asked: “Why was this looked at by PwC? What came from scrutiny was that PwC was not to look at it. If all the machines were working properly we’d be making more than the savings here.” The parking spaces privatization issue has emerged after another controversy over “draconian” private enforcement companies taking over at the city’s public parking garages.