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.
Read more about this topic: Banstead
Famous quotes containing the word economy:
“Even the poor student studies and is taught only political economy, while that economy of living which is synonymous with philosophy is not even sincerely professed in our colleges. The consequence is, that while he is reading Adam Smith, Ricardo, and Say, he runs his father in debt irretrievably.”
—Henry David Thoreau (1817–1862)
“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)
“It enhances our sense of the grand security and serenity of nature to observe the still undisturbed economy and content of the fishes of this century, their happiness a regular fruit of the summer.”
—Henry David Thoreau (1817–1862)