Barnstaple, Devon, England, United Kingdom

🏴󠁧󠁢󠁥󠁮󠁧󠁿 Barnstaple is a river-port town in North Devon, England, at the lowest crossing point of the River Taw flowing into the Bristol Channel. From the 14th century, it was licensed to export wool. Great wealth ensued. Later it imported Irish wool, but its harbour silted up and other industries developed, such as shipbuilding, foundries and sawmills. A Victorian market building survives, with a high glass and timber roof on iron columns. The town area includes nearby settlements such as Bishop's Tawton, Fremington and Landkey.

Economy North Devon is some distance from Britain's traditional areas of industrial activity and population. In the late 1970s it gained several industrial firms due to the availability of central government grants for opening factories and operating them on low or zero levels of local taxation. This was scarcely successful, with few lasting beyond the few years that grants were available. One success was the manufacturing of generic medicines by Cox Pharmaceuticals (now branded Allergan), which moved in 1980 from a site in Brighton, Sussex. A lasting effect on the town has been the development and expansion of industrial estates at Seven Brethren, Whiddon Valley and Pottington.

Whilst the 1989 opening of the improved A361 connection to the motorway network assisted trade in ways such as weekend tourism, it was detrimental to some distribution businesses. These had previously seen the town as a base for local distribution, a need removed when travelling time to the M5 motorway was roughly halved.

With Barnstaple as the main shopping area for North Devon, retail work contributes to the economy. There are chain stores in the town centre and in the Roundswell Business Park, on the western fringe of the town. They include Tesco, with a hypermarket and superstore, and Sainsbury's Lidl and Asda supermarkets. Multi-million pound redevelopment round the former Leaderflush Shapland works at Anchorwood Bank is creating a conservation area near the River Taw, hundreds of new homes, a retail area of shops, restaurants and leisure facilities. Asda also runs a petrol filling station.

By far the largest employer in the region is local and central government, particularly the Royal Marines Base Chivenor, 3 miles (5 km) west of the town, and North Devon District Hospital, 1 mile (1.6 km) to the north.

In 2005 unemployment in North Devon was 1.8–2.4 per cent, while median per capita wage for North Devon was 73 per cent of the UK national average. The level of work in the informal or casual sector is high, partly during seasonal tourism. By 2018 unemployment in North Devon had fallen from a 2010 high to 1.2 per cent, while median weekly full-time pay stood at £440 per week and average housing prices at £230,000. The number of businesses registered has risen by 370 since 2010 to 4,895. The year 2018 also saw government investment through Coastal Community grants and Housing Infrastructure funds £83 million to upgrade the North Devon Link Road.