Economy
The City and District of St Albans has a strong local economy, a highly skilled workforce, an excellent location for rail, road and airports and is seen by many employers as a desirable place to be. The District also benefits from the proximity of the University of Hertfordshire, based close by at Hatfield, which is one of the country’s leading business orientated universities.
Well-known firms such as Deloitte, AECOM, PricewaterhouseCoopers, Premier Foods and Aon Hewitt all have large office bases in the area. It also has many distributive industries such as the Sainsbury's Retail Distribution Centre at London Colney which employs over 600 staff.
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Famous quotes containing the word economy:
“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)
“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)
“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)