Most of the traditional industries such as distilling have been replaced by high-tech businesses, such as the design and manufacture of diabetes diagnostic kits. Highlands and Islands Enterprise has principally funded the Centre for Health Science to attracting more businesses in the medical and medical devices business to the area. Inverness is home to Scottish Natural Heritage following that body's relocation from Edinburgh under the auspices of the Scottish Government's decentralisation strategy. SNH provides a large number of jobs in the area.
Inverness City Centre lies on the east bank of the river and is linked to the west side of the town by three road bridges (Ness Bridge, Friars Bridge and the Black (or Waterloo) Bridge) and by one of the town's suspension foot bridges, the Grieg Street Bridge. The traditional city centre was a triangle bounded by High Street, Church Street and Academy Street, within which Union Street and Queensgate are cross streets parallel to High Street. Between Union Street and Queensgate is the Victorian Market, which contains a large number of small shops. The main Inverness railway station is almost directly opposite the Academy Street entrance to the Market. From the 1970s, the Eastgate Shopping Centre was developed to the east of High Street, with a substantial extension being completed in 2003.
Read more about this topic: Inverness
Other articles related to "economy":
... The war furthered the decline of the Iranian economy that had begun with the revolution in 1978–79 ...
... Copper mining is an important part of the economy of Katanga province ... Cobalt mining by individual contractors is also prevalent ...
... 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 ...
... Employment Interest and Money 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 ...
... 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. 1970s and 1980s saw a shift from a manufacturing focus towards a more service-oriented economy ...
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 kindno matter how ultimately profitable or otherwise successful some of them might prove to bethere 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)
“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 (18031882)
“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 (18721933)