Banstead - Economy

Economy

The centre of Banstead has a typical High Street, which stretches from the war memorial at one end to the library at the other. Every year, scouts and guides parade down the High Street in recognition of Remembrance Day and May Day. The town shops are frequently associated with the middle class—for example Marks & Spencer Simply Food, Boots the Chemist, The Lemon Tree and Waitrose. There are also a variety of restaurants and coffee bars along the High Street like Zizzi, Prezzo, Caffe Nero, Costa Coffee and Pizza Express as well as several upmarket independents. On 12 December 2008, a large fire totally destroyed the Waitrose supermarket, a local landmark. While the original store was being completely rebuilt Waitrose opened a temporary store, around 200m down the High Street, in a building vacated by the defunct Woolworths retail chain. The rebuilt store re-opened on 26 November 2009.

Other than the limited amount of employment in the retail sector based around the High Street, a small number of jobs are found in the public sector; in the local authority offices and NHS facilities to the west of the Banstead's centre, and in various schools across the area. However, the majority of Banstead's residents commute out of the district for employment.

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Famous quotes containing the word economy:

    Unaware of the absurdity of it, we introduce our own petty household rules into the economy of the universe for which the life of generations, peoples, of entire planets, has no importance in relation to the general development.
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