Do you mean the NHS Shuttle for QE P&R ? If so that finishes in October when the new centre opens.
The land will be returned to the council
Think the building work is currently behind schedule so might not necessarily be October.
I believe the P&R is due to be in place until November 2015, as more demolition work needs to happen on the QE site to re-provide the car parking spaces currently in Moss Heaps.