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http://news.scotsman.com/latest.cfm?id=4078461

Speed Cameras Net £20M for Treasury
By Jamie Lyons, PA Political Correspondent
11:40pm (UK)

Speed cameras are netting more than £20 million a year profits for the Treasury, it emerged tonight.

The number of fixed penalty fines issued in England and Wales has risen seven-fold from around 260,000 in 2000-2001 to 1.8 million in 2003-2004, according to figures obtained by The Daily Telegraph.

Motorists caught by the cameras have three points added to their licence and pay a £60 fixed penalty.

Councils can keep revenue from fines to cover costs. But they cannot profit from them and any surpluses go to the Treasury.

The number of speed cameras has now reached about 6,000 across the country, 2,500 of them mobile.

The Government has defended speed cameras, saying they improve road safety.

But the Conservatives have now renewed their call for a review of what they call a “stealth tax” on motorists.

Yes, a nice little earner....

1.8M that figure looks low. Have they secretly been trying to cut back.

It was estimated to be around 3M for 2004 a while baxk