SAVE MONEY ON TRAVEL DEALS

Commercial real estate firm Colliers International says its survey has found that parking in the financial heart of the City of London averages $1,167 per month and $68 per day, both deemed the highest in the world, the Financial Times reported Saturday.

Although Colliers found parking was expensive in many world financial centers, London easily outpaced competitors such as New York's Midtown area ($585 per month) and Tokyo ($552). In fact, after the central City, the second-costliest parking area was also in London, the West End ($1,136 per month).

Thanks to the country's booming economy, several Australian cities ranked right behind London in parking costs. Sydney was the third-most expensive city on a monthly basis ($775), while Brisbane and Perth also made the top ten list, the Times said.

 BREAKING STORIES

Maliki urges Egyptian investment in Iraq

Fed to pay interest on banks' reserves

Iceland stays its hand with banks for now

Mexican economy is feeling the pinch

Zimbabwe seen stepping up farm seizures

Fed steps in to prod Wachovia deal along

Consumer-led recession may be in progress

Real estate loans spur Irish recession

Crude oil falls below $90 per barrel

Zardari comments welcomed in India

Wachovia Says Judge's Order Doesn't Affect Wells Deal

Report: Ike costs Houston $6 billion

Disbarred lawyer convicted of killing wife

Judge blocks Wachovia-Wells Fargo merger

Major German bank close to collapse

U.S. credit squeeze freezes Canada

Judge: Restitution offer 'ridiculous'

Golden Gate Bridge may get suicide barrier

Culver's restaurants plans new Wis. HQ

Toyota offers zero-percent financing