Building and fit out firm Barnwood has reported a strong first half of the year and is optimistic about its future.
The Gloucestershire-based firm plans to help deliver the revived Oxford-Cambridge Growth Corridor after its success in completing £40 million of work in the Oxfordshire area over the past two years. It anticipates a strong end to 2025.
Barnwood says the Government’s Industrial Strategy will spell good news for confidence in the construction sector. The firm has turnover of £131m and 215 employees and believes the turnaround in confidence and a renewed push on the growth corridor will result in optimism in the second half of 2025.
Dave Piper, joint managing director of its construction division, said: “With a renewed focus on the corridor and support for key sectors outlined in the Government’s Industrial Strategy, we are anticipating an improvement in confidence across the construction sector.”
He argues that the Government commitment to investment will translate into opportunities for developers.
Barnwood, which delivered 80,000 sq ft Nebula at Milton Park (pictured) and has recently secured a project at Grove Business Park, for flexible innovation-ready workspace, has begun work at Wood Green School, which will see the addition of a two-storey extension.
Dave went on: “The delivery of Nebula at Milton Park, shows we can offer not only construction expertise, but real value in shaping the places where the UK’s next-generation industries will thrive.
“We’ve been delivering in Oxfordshire for more than 20 years; not just with bricks and mortar, but in creating long-term partnerships, apprenticeships and projects that genuinely support the region’s development.
“Oxford and the wider corridor are national testbeds for science and innovation-led growth, which is why we’re excited to see what the future holds.”
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