Company earns €1.4m for collecting coins from parking meters

One company is coining it from the collection of coins from pay-and-display parking meters around the streets of Dublin.

Dublin City Council has confirmed that it paid an Irish wing of international security firm G4S over €1m last year to collect coins from city council parking meters.

Figures show that in the last quarter of 2014 alone, G4S Cash Solutions Ltd received €265,668 for the work. This followed payments of €208,273, €272,471, and €395,424 in the other three quarters of 2014.