Business & Technology
Banbury NCP car park to close this week amid administration
Joint administrators, Zelf Hussain, Rachael Wilkinson and Toby Banfield of PwC, said the selected sites “are commercially unviable”.
As a result, the car parks will be closed to customers from 11.59pm on Friday, March 27.
PwC said the closures of the car parks would mean 33 staff members are made redundant on Tuesday, March 31 and “they will be supported through the statutory redundancy payments process.”
While 22 car parks are closing, the company’s remaining 318 will stay open and there are no further closures confirmed at the time of writing.
Oxfordshire NCP car park to close amid administration
The Banbury Marlborough Road NCP car park will close amid the company’s administration battle.
Banbury’s Cherwell Centre NCP car park is not affected by these closures.
Among the car parks closing are several sites in London and Leicester, as well as sites in Bournemouth, Birmingham, Luton and more.
The Marlborough Road (OX16 5EX) car park in Banbury will be open until 11.59pm on Friday, March 27.
Businesses that have entered administration in 2026
2026 has seen several retailers entering administration and others announcing widespread store closures.
Fashion brand LK Bennett collapsed into administration in January and launched a closing-down sale at its stores.
National Car Parks (NCP) confirms over 20 car parks will close for good – see where https://t.co/jVFB57SaHW
— Oxford Mail (@TheOxfordMail) March 24, 2026
John Noon and Mark Firmin of Alvarez & Marsal Europe LLP were appointed joint administrators.
Following this, the LK Bennett brand and related intellectual property were sold to US firm Gordon Brothers, which also owns Laura Ashley and Poundland.
Alongside this, major high street retailers, including River Island, Primark, and Poundland, have been forced to close stores, while Revolution and BrewDog have shut the doors to 21 and 38 pubs, respectively.
UK construction company Onespace Group, which is based in Knutsford near Manchester and specialises in the creation of commercial office spaces, entered administration recently too.
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UK beauty firm Beauty Bay filed for administration this month but was saved.
A French-owned company called AA Investments Group bought it for an undisclosed amount, saving stores and people’s jobs.
Russell & Bromley, Moores, Claire’s and The Original Factory Shop, Quiz, Denby and airline Royal Air Philippines have also fallen into administration recently.
Share a high street shop you miss in the comments below.