Economy
In 2006, there were 8,200 businesses in Haringey employing a total of 64,700 people. This accounted for 1.6% of all employment in London.
Haringey's economy is dominated by small businesses with 94.2% of businesses employing less than 24 people. These small businesses account for 39.3% of total employment in the borough.
The main sectors of employment in Haringey are:
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The principal shopping areas in the borough are Wood Green and Turnpike Lane, Muswell Hill, Crouch End, Harringay and Tottenham Hale.
Haringey is situated within the growth corridor connecting London with Stansted, Cambridge and Peterborough.
Read more about this topic: London Borough Of Haringey
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)
“The aim of the laborer should be, not to get his living, to get “a good job,” but to perform well a certain work; and, even in a pecuniary sense, it would be economy for a town to pay its laborers so well that they would not feel that they were working for low ends, as for a livelihood merely, but for scientific, or even moral ends. Do not hire a man who does your work for money, but him who does it for love of it.”
—Henry David Thoreau (1817–1862)