The demand for renting private parking spaces can be monetised by the hospitality industry, giving venues a much-needed source of income, according to parking space letting agent ParkLet. A result of the Covid-19 pandemic and social distancing, many UK employees are avoiding using public transport and switching to driving to and from their workplace. This …

Licensees can make up to £5,000 a year by renting out spaces in their car parks that often sit empty during the day. Pubs and bars near railway stations or close to town centres are likely to earn more, according to spacehopper – a new service connecting under used business spaces with drivers looking for …