NCP Enters Administration, 21 Sites to Close
UK News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
NCP, a prominent car park operator, faces administration due to pandemic-induced financial struggles, leading to the closure of twenty-one sites and thirty-one redundancies. Shifts in commuting habits and high lease costs contribute to the companys challenges. Administrators explore options to protect creditors and find a path forward, with some central London spots charging up to sixty pounds for a full day.
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