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The Times of India
The Times of India
World
TOI World Desk

‘From printing money to administration’: Netizens react to downfall of UK’s biggest car park operator National Car Parks

United Kingdom NCP Britain PwC

Britain’s largest parking operator, National Car Parks (NCP), has entered administration, putting hundreds of jobs at risk and raising questions about the future of its vast network of car parks across the UK.

The company’s board has appointed administrators from PricewaterhouseCoopers (PwC) after running out of cash and struggling to meet rent payments to landlords and other creditors. NCP operates around 340 car parks nationwide at airports, hospitals, transport hubs and city centres.

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