Green for Victory: Parks and money

Spring 2021

London’s parks may be free to visit, but they come at high cost. With 92% of park managers having had their budgets cut over the last six years, local councils’ abilities to finance their parks is increasingly stretched beyond their limits.

Yet, for every £1 spent on the upkeep of London's parks, there is a return value equivalent to £27 gained in health, recreation and amenity value. To not invest in parks is a false economy.

Through analysing the stats, and walking and talking the finances of Trent Park in Enfield with the locals that know it best, we ask what the financial cost of a London Park really is, and how that compares to its true value.

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