Housebuilding firm Taylor Wimpey, which has been developing sites across the county, has revealed its finances are back in the black.

The company, which employs 107 staff at Abingdon Business Park, made a pre-tax profit of £65.7m for the year ending December 31, 2011, compared to a pre-tax loss of £59.2m for 2010.

In the last year the firm has opened developments at Great Western Park in Didcot, Swinford Green in Eynsham, Kingsmere in Bicester, Orwell Grange in Sutton Courtenay and The Cross in Banbury.