Economy
The closure of the Dockyard has had the effect of changing the employment statistics of the town. About 7000 people lost their jobs. The unemployment rate went down to 23.5%. There has been a concerted effort to revitalise the Thames Gateway area and one of the largest employers in Chatham is now Vanquis Bank Ltd, a subsidiary of Provident Financial.
Read more about this topic: Chatham, Kent
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“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (1897–1977)
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