HUGE increases faced by Barnet residents for services are “broadly in line” with other London boroughs, the man in charge of council cash says.

Drivers face a 150 per cent hike for a parking permit, forking out £100-a-year to park outside their homes, whilst the cost of new bins and allotments are also set to rise hugely.

The new charges are being levied to plug a huge financial hole left when the coalition government withdrew a large chunk of funding.

Councillor Daniel Thomas, cabinet member for resources, said the increases will help plug the £43m hole.

He added: “The enormous financial challenges we are facing at the moment mean we are having to look in detail at every aspect of the services we provide to residents.

“Some of our fees and charges have historically remained modest and the proposed increases would be applied to what in many cases is a low base level.

“From what I have seen these proposals are broadly in line with what is happening in other London boroughs in the same situation.”

The increases are expected to be approved by the cabinet resources committee on Thursday.