Economy
Yorkshire Forward is the Regional Development Agency charged with improving the Yorkshire and Humber economy, where some 270,000 businesses contribute to an economy worth in excess of £80 billion. With over 5 million people living in the region it ranks alongside some small countries including Ireland, Greece, Norway and Singapore. The region has the second lowest rate of GVA in England. However Leeds has a much higher average GVA than most of South Yorkshire. Business Link Yorkshire is on the Capitol Business Park in Dodworth, west of the M1 near Barnsley near the bypass (A628). The region's Manufacturing Advisory Service is at is in Potternewton next to Chapel Allerton Hospital, on the former A61, with two other offices at the Advanced Manufacturing Park, Catcliffe off the A630 Sheffield Parkway, and also on St. Georges Road in the west of Hull.
NHS Yorkshire and the Humber, the regional strategic health authority, is at the roundabout at the bottom of Kirkstall Road in Leeds, with another office ion the north of Sheffield. The charity-funded Yorkshire Air Ambulance is based at Leeds Bradford Airport and Bagby, near Thirsk. The state-funded Yorkshire Ambulance Service is based next to Coca-Cola on the Wakefield 41 Business Park, near the A650.
Yorkshire in the past has been synonymous with coal mining. Many pits closed in the 1990s, with only two in the Pontefract area left at Kellingley and Sharlston. In South Yorkshire, there is Maltby Main Colliery and Hatfield Colliery at Stainforth. The NUM was very Yorkshire-dominated. Coal still plays a part in the economy - there are three large power stations along the Aire Valley, with Drax being the second largest in Europe with 3,945 MW of capacity. The distribution area once looked after by the regional electricity company Yorkshire Electricity is now looked after by YEDL, owned by CE Electric UK.
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Famous quotes containing the word economy:
“Wise men read very sharply all your private history in your look and gait and behavior. The whole economy of nature is bent on expression. The tell-tale body is all tongues. Men are like Geneva watches with crystal faces which expose the whole movement.”
—Ralph Waldo Emerson (1803–1882)
“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)