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:
“Cities need old buildings so badly it is probably impossible for vigorous streets and districts to grow without them.... for really new ideas of any kind—no matter how ultimately profitable or otherwise successful some of them might prove to be—there is no leeway for such chancy trial, error and experimentation in the high-overhead economy of new construction. Old ideas can sometimes use new buildings. New ideas must use old buildings.”
—Jane Jacobs (b. 1916)
“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)
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (1897–1977)