North East Lincolnshire - Economy

Economy

The North East Lincolnshire towns of Grimsby, Immingham and Cleethorpes, form the economic area known as Greater Grimsby. The main sectors of the Greater Grimsby economy are food and drink; ports and logistics; renewable energy; chemicals and process industries and digital media.

This is a chart of trend of regional gross value added of North and North East Lincolnshire at current basic prices published (pp. 240–253) by Office for National Statistics with figures in millions of British Pounds Sterling.

Year Regional Gross Value Added Agriculture Industry Services
1995 3,512 82 1,701 1,729
2000 3,861 60 1,805 1,997
2003 4,569 62 1,896 2,611

The area has one power station, the South Humber Bank Power Station, which is owned and operated by Centrica sited at Stallingborough.

Similar to North Lincolnshire, the area has its fire and police run by Humberside Fire and Rescue Service and Humberside Police.

Read more about this topic:  North East Lincolnshire

Famous quotes containing the word economy:

    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 (1812–1870)

    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)

    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)