Brighton has a high density of businesses involved in media, particularly digital or "new media", and since the 1990s has been referred to as "Silicon Beach".
American Express is building a new headquarters building on John Street, behind its current European headquarters in Edward Street. It employs around 3,000, making it the largest private employer in the city.
Natural cosmetics retailer the Body Shop started in Brighton. Its headquarters are now in nearby Littlehampton.
"The Lanes" form a retail, leisure and residential area near the seafront, characterised by narrow alleyways following the street pattern of the original fishing village. The Lanes contain predominantly clothing stores, jewellers, antique shops, restaurants and pubs. The North Laine area is a retail, leisure and residential area immediately north of the Lanes. Its name derives from the Anglo-Saxon "Laine" meaning "fields". The North Laine contains a mix of businesses dominated by cafés, independent and avant-garde shops, bars and theatres.
Churchill Square is a shopping centre with a floor space of 470,000 sq ft (43,663 m2) and over 80 shops, several restaurants and 1,600 car-parking spaces. It was built in the 1960s as an open-air, multi-level pedestrianised shopping centre, but was rebuilt and enlarged in 1998 and is no longer open-air. Further retail areas include Western Road and London Road.
There are also a considerable number of construction companies within Brighton and Hove that specialise in many different types of construction.
Read more about this topic: Brighton
Other articles related to "economy":
... Copper mining is an important part of the economy of Katanga province ... Cobalt mining by individual contractors is also prevalent ...
... Scotland has a western style open mixed economy that is closely linked with the rest of Europe and the wider world ... Traditionally, the Scottish economy has been dominated by heavy industry underpinned by the shipbuilding in Glasgow, coal mining and steel industries ... saw a shift from a manufacturing focus towards a more service-oriented economy ...
... The war furthered the decline of the Iranian economy that had begun with the revolution in 1978–79 ...
... that lower aggregate expenditures in the economy contributed to a massive decline in income and to employment that was well below the average ... In such a situation, the economy reached equilibrium at low levels of economic activity and high unemployment ... governments have to run deficits when the economy is slowing, as the private sector would not invest enough to keep production at the normal level and bring the economy out of recession ...
... During its history Quincy has been known as a manufacturing and heavy industry center, with granite quarrying dominating employment in the 19th century and shipbuilding at Fore River Shipyard and Squantum Victory Yard rising to prominence in the 20th century ... The recent decades have seen a shift in focus to several large employers in the financial services, insurance and health care sectors of the economy ...
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 (18171862)
“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 (18031882)
“Unaware of the absurdity of it, we introduce our own petty household rules into the economy of the universe for which the life of generations, peoples, of entire planets, has no importance in relation to the general development.”
—Alexander Herzen (18121870)