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National Car Parks (NCP) is a private car park operator, with car parks in towns, cities, airports, London Underground and National Rail stations.
History
NCP was founded in 1931 by Colonel Frederick Lucas. In October 1948 Sir Ronald Hobson, together with his business partner Sir Donald Gosling, founded Central Car Parks when the pair invested £200 in a bombsite in Holborn, Central London to create a car park. In 1959 Central Car Parks took over NCP from Anne Lucas, the widow of Colonel Lucas.[1]
Hobson and Gosling expanded the company by recognising the under-developed state of many post-World War II British cities and towns. The pair began buying vacant sites in city centres, converting them into car parks. NCP then began managing sites on behalf of third parties.
In 1998, after a flotation of the business on the London Stock Exchange was cancelled at a late stage, the company was bought by US-based property and travel services provider Cendant for £801 million with Hobson, Gosling, and their family trusts who owned 72.5% of the National Parking Corporation taking £580 million.[2]
NCP was sold to 3i in July 2005 for £555million.[3] In 2007, NCP was acquired by Macquarie European Infrastructure Fund II.[4] In 2007, the outsourced services business was spun off into NCP Services.[5] In August 2017, Macquarie Group sold NCP to Park24 and Development Bank of Japan.[6][7]
In Cardiff, Evans Cycles have created the Urban Duel, a BMX racing event that takes place in NCP Dumfries Place. There are plans to host this event at other car parks around the country.[9]
As part of the Manchester International Festival, NCP arranged a live relay screening of Kenneth Branagh’s new play Macbeth with hundreds of fans turning up to the open-air screening.[11]
Controversies
In the early 1990s, NCP was accused of planting spies in rival group Europarks, but Britain's then biggest industrial espionage trial ended with the full acquittal of NCP chief executive Gordon Layton.[12]
In November 2013, following the announcement that Hull was to be the UK City of Culture 2017, NCP managing director Duncan Bowins took to popular social media website Facebook and branded the city a "sh*thole" – despite the fact that his car parks took over £1 million from the city each year.[13] This "crude slur" led to Duncan Bowins winning the Award for "Most Inappropriate Use of Social Media" at the Hull Daily Mail Angus Young Awards 2013.[14]
In December 2013, the Crawley News and The Argus reported that NCP staff had been parking in the town's limited disabled bays for convenience.[15] An NCP spokeswoman subsequently issued a statement claiming the pair had parked there to clear leaves from the car park and that there had been nowhere else to park. However, when the Crawley News published a photo clearly showing spaces right next to the disabled bay, the firm's Head of Operations Nigel Sorenson called to apologise and admitted that the incident was "embarrassing and upsetting" for the company.[16]
Part of a car park operated by NCP in Nottingham collapsed on 19 August 2017. Three vehicles were left dangling from the edge of the city centre car park from a floor roughly 50 ft (15m) above the ground, and the entrance and exit were blocked with fallen concrete.[17]