Economy
Most of the traditional industries such as distilling have been replaced by high-tech businesses, such as the design and manufacture of diabetes diagnostic kits. Highlands and Islands Enterprise has principally funded the Centre for Health Science to attracting more businesses in the medical and medical devices business to the area. Inverness is home to Scottish Natural Heritage following that body's relocation from Edinburgh under the auspices of the Scottish Government's decentralisation strategy. SNH provides a large number of jobs in the area.
Inverness City Centre lies on the east bank of the river and is linked to the west side of the town by three road bridges (Ness Bridge, Friars Bridge and the Black (or Waterloo) Bridge) and by one of the town's suspension foot bridges, the Grieg Street Bridge. The traditional city centre was a triangle bounded by High Street, Church Street and Academy Street, within which Union Street and Queensgate are cross streets parallel to High Street. Between Union Street and Queensgate is the Victorian Market, which contains a large number of small shops. The main Inverness railway station is almost directly opposite the Academy Street entrance to the Market. From the 1970s, the Eastgate Shopping Centre was developed to the east of High Street, with a substantial extension being completed in 2003.
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Famous quotes containing the word economy:
“The basis of political economy is non-interference. The only safe rule is found in the self-adjusting meter of demand and supply. Do not legislate. Meddle, and you snap the sinews with your sumptuary laws.”
—Ralph Waldo Emerson (1803–1882)
“Cities need old buildings so badly it is probably impossible for vigorous streets and districts to grow without them.... for really new ideas of any kind—no matter how ultimately profitable or otherwise successful some of them might prove to be—there is no leeway for such chancy trial, error and experimentation in the high-overhead economy of new construction. Old ideas can sometimes use new buildings. New ideas must use old buildings.”
—Jane Jacobs (b. 1916)
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (1897–1977)