Economy
Much of the area in Vauxhall contains light industry, offices and government buildings. Many companies and organisations were attracted in the past by Vauxhall's central location and comparatively cheap rent compared to Westminster on the other side of the river. In recent years, Vauxhall's riverside has undergone major redevelopment with the construction of a number of modern residential and office blocks, most notably the distinctive MI6 building at Vauxhall Cross. There are also a number of new commercial businesses moving in to the area including Bathstore, Topps Tiles and Metropolis Motorcycles as well as proposals to redevelop the Sainsburys site.
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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)
“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)
“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)