Economy
Following construction of the A39/A371 bypass, the centre of town has returned to being a quiet market city. It has all the modern conveniences plus shops, hotels and restaurants. Wells is a popular tourist destination, due to its historical sites, its proximity to Bath, Stonehenge and Glastonbury and its closeness to the Somerset coast. Also nearby are Wookey Hole Caves, the Mendip Hills and the Somerset Levels. Somerset cheese, including Cheddar, is made locally. Wells is part of the Wells & Shepton Mallet Travel to Work Area which also includes Glastonbury, Cheddar and surrounding areas. Wells, along with Castle Cary, are the first towns in the UK to be part of the MyHigh.St website for local independent retailers, with more than half of retailers in Wells joining as MyHigh.St launched.
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Famous quotes containing the word economy:
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (1897–1977)
“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)