Economy
The village is predominantly a rural agricultural economy. There is little in the way of major employers in the area and the majority of employed residents commute to the commercial centres of Lincoln, Boston and Skegness.
Recent years have seen a number of commercial fishing lakes developed in the village, one of which has existed for nearly twenty years.
The Coach House public house remains open and also serves breakfasts, lunches and evening meals. The village shop and the local blacksmith’s workshop closed in the 1990s.
In 1994 the travelling Circus Harlequin relocated its winter quarters to Hagnaby Manor at the south end of the village, now renamed Kasanga Manor after the male African lion that died there in 1995. The manor is now home to a large collection of camels, reindeer and llamas.
Read more about this topic: Keal Cotes
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 counting-room maxims liberally expounded are laws of the Universe. The merchant’s economy is a coarse symbol of the soul’s economy. It is, to spend for power, and not for pleasure.”
—Ralph Waldo Emerson (1803–1882)
“War. Fighting. Men ... every man in the whole realm is in the army.... Every man in uniform ... An economy entirely geared to war ... but there is not much war ... hardly any fighting ... yet every man a soldier from birth till death ... Men ... all men for fighting ... but no war, no wars to fight ... what is it, what does it mean?””
—Doris Lessing (b. 1919)