Business & Technology
Banbury car park could save commuters thousands a year
The facility charges £5 per day and is located on Higham Way, just 150 metres from the station, where parking costs £9.30 per day at the APCOA-operated east car park.
Opened by E5 Group in partnership with Birmingham-based Gallan Group, the site aims to ease the financial burden for regular travellers.
Kevin Stevens, president of E5 Group, said: “Commuters across the country are under real financial pressure and parking costs are a significant part of that daily burden.
“At nearly £10 a day, the cost of leaving your car near Banbury station has become genuinely punishing for regular travellers.
“We wanted to do something practical about that.”
The site was acquired by E5 Working, the commercial property division of E5 Group, and has been brought into use as a ‘meanwhile’ car park while longer-term development plans are progressed.
The car park launch follows months of disruption for Banbury commuters in 2025, when improvement works carried out by Oxfordshire County Council and Chiltern Railways closed the west car park from June 2025.
This left travellers reliant on the east-side multi-storey until just before the Christmas period.
Paul Garry, director of Gallan Group, said: “Banbury commuters have already had a difficult year, with months of disruption to parking at the station during the improvement works.
“The last thing people need on top of that is to be paying close to £10 a day just to leave their car.”