Economy
It is public policy to maintain Park Royal as an industrial area. It is designated as an Opportunity Area, and in 2008 the Mayor of London's office published a draft Planning Framework which aspires to maintain, "growing economic clusters of food/drink, transport/logistics and television/film." The framework does not preclude use of parts of the site for housing.
In summer 2011, the London Borough of Hammersmith and Fulham launched a 'Park Royal City' plan for Old Oak Common, based around the immediate eastern border of Park Royal, including light-rail lines to nearby areas.
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Famous quotes containing the word economy:
“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 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)
“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)