Government to 'profit' from cameras?
Safety cameras are set to make the government a profit for the first time this year, according to a report in The Telegraph today (26/7/10).
The Telegraph says the decision to reduce the Road Safety Grant from £95m to £57m this year means that the government could raise as much as £40m more from speeding fines than it hands back to local authorities to reduce death and injury on the country’s roads.
Until 2007 road safety partnerships kept all the cash they raised from speeding fines. This system was scrapped by the Labour government and instead all fine income was paid to the Treasury which returned the cash as a Road Safety Grant.
The Telegraph says this disclosure that the Treasury is now – for the first time – making a profit from safety camera fines will embarrass the coalition which had promised to end what it described as the last government’s ‘war on the motorist’.
Click here to read the full Telegraph news report.