Parking our cars costs us a whopping £8bn a year

James Batchelor

The cost of parking your car in a designated space has just got a whole lot more expensive.

Research from insurer has revealed the cost of parking in public car parks has jumped by a hefty 12.5 per cent in the last 12 months. The leap means cash-strapped Brits are now forking out £8bn a year just to park!