A Court of Appeal bid to stop a multi-million pound retail park in Banbury from being built has been rejected today (Thursday).
Cherwell District Council approved plans for the Banbury Gateway development on Acorn Way in 2012, and Castle Quay owners Scottish Widows plc and Aegon UK Property Fund Limited, who own Banbury Cross Retail Park, said the planning permission was legally flawed. A hearing was heard at the Court of Appeal in London.
The new retail park will comprise flagship stores for High Street retailers M&S and Next, and will be situated on Prodrive’s site. The motorsport firm will move to new headquarters on Noral Way.