A MAJOR change to hated parking rules could slash costs for drivers.
The Government has put forward plans to cut the amount motorists could be fined by private parking firms from £100 to £50.
The move would slash costs in half for anyone caught breaking the rules, helping millions of hard-up Brits.
Debt collection fees for late tickets could also be banned under new rules, saving drivers another £70.
The new regulations for an updated Private Parking Code of Practice, which are subject to a consultation, are being launched to make charges when using private car parks fairer.