Economy
The centre of Loughborough's shopping area is the pedestrianised Market Place and Market Street, which maintain a number of original art deco buildings, such as the building that currently houses the town's cinema. A large outdoor market is held in the Market Place every Thursday and Saturday. There is a monthly farmers' market. The first mention of a market in Loughborough is in 1221.
'The Rushes' shopping centre has also been built on the site of the former bus station and is occupied by national chains. The Rushes is linked to the town centre area by Churchgate and Churchgate Mews; the latter has independent shops.
There is major new development (The Eastern Gateway) planned for the area around the railway station with a new road and housing planned.
The Japanese Olympic team chose the town as their base for the 2012 Olympic Games to be held in London. There is currently a flowerbed with red and white flowers in the design of the Japanese national flag. Due to the cold winter, almost all of the flowers have died. It is likely the flowers will be re-planted.
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Famous quotes containing the word economy:
“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)
“I favor the policy of economy, not because I wish to save money, but because I wish to save people. The men and women of this country who toil are the ones who bear the cost of the Government. Every dollar that we carelessly waste means that their life will be so much the more meager. Every dollar that we prudently save means that their life will be so much the more abundant. Economy is idealism in its most practical terms.”
—Calvin Coolidge (1872–1933)
“Wise men read very sharply all your private history in your look and gait and behavior. The whole economy of nature is bent on expression. The tell-tale body is all tongues. Men are like Geneva watches with crystal faces which expose the whole movement.”
—Ralph Waldo Emerson (1803–1882)