Economy
The Lewes Chamber of Commerce represents the traders and businesses of the town. The town has been identified as unusually diversified with numerous specialist, independent retailers, counter to national trends toward 'chain' retailers and large corporate retail outlets.
Lewes Farmers' Market, one of the first in the UK, was started in the 1990s by Common Cause Co-operative Ltd and is a very popular re-invention of Lewes as a market town. The Farmers' Market takes place in pedestrianised Cliffe High Street on the first Saturday of every month, with local food producers coming to sell their wares under covered market stalls. A weekly food market in the Lewes Market Tower was established in July 2010 by Transition Town Lewes to allow traders to sell local produce. Occasionally French traders from the Twin Town of Blois attend, vending on Cliffe Bridge.
From 1794 beers, wines and spirits were distributed from Lewes under the Harveys name, and the town is today the site of Harvey & Son's brewery celebrated as one the finest ale producers in England.
In September 2008, Lewes launched its own currency, the Lewes Pound, in an effort to increase trade within the town. One Lewes Pound is equal to £1. Like the similar local currency in Totnes, the initiative is part of the Transition Towns movement. The Lewes Pound and the Transition Towns movement have received criticism for a failure to address the needs of the wider Lewes population, especially lower socio-economic groups. Such local currency initiatives have been more widely criticized in light of limited success stimulating new spending in local economies and as an unrealistic strategy to reduce carbon emissions. The Lewes Pound can be exchanged for the same amount of pounds sterling in several shops in Lewes and can be spent in a wide range of local businesses. Many of the notes were sold on Ebay at a higher amount. Early numbers and sequenced notes fetched very high prices from foreign collectors.
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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)
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—Ralph Waldo Emerson (1803–1882)