"Private parking companies will update their code of conduct after legal action over a £2,000 fine for a five-minute delay in payment. The British Parking Association and the International Parking Community announced a panel to revise the code for better driver protection. Drivers in Britain receive over 41,000 parking tickets daily, amounting to nearly £4.1 million in daily fees. The IPC and BPA aim to improve the industry's reputation and respond to issues with the existing code of practice."