Brixton pound

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The Brixton Pound (B£) is money that sticks to Brixton. It’s designed to support Brixton businesses and encourage local trade and production. It’s a complementary currency, working alongside (not replacing) pounds sterling, for use by independent local shops and traders. The B£ gives local traders and customers the chance to get together to support each other and maintain the diversity of the high street and strengthen pride in Brixton.

It was launched in September 2009 as a physical paper-based currency and was followed in September 2011 by the launch of the electronic B£ pay-by-text platform. Around 250 businesses currently accept paper B£ and around 200 have pay-by-text accounts.

Brixton has several features that made it a great place to pioneer an urban local currency in the UK: A famous local economy with a diverse high street and local marketA strong community spirit and rich mix of culture and backgroundsA history of revolution, activism, change, dynamic people, and attracting the avant-garde.

The B£ has several goals, which are to: Help protect jobs and livelihoods of community members within Brixton through developing a strong local economySupport and build diversity and resilience in the local Brixton economy in light of difficult economic times and chain store powerRaise community awareness of the local Brixton economyEncourage and facilitate a self help model and ethos in order to protect the social and financial futures of the residents of BrixtonEncourage local sourcing of goods to decrease CO2 emissionsRaise Brixton’s profile regionally and nationally and contribute to positive perceptions of Brixton by drawing attention to its strong community, diverse economy and capacity for innovation. The B£ is one of several local currencies that currently run in the UK, and was the first in an urban setting. The others include Bristol, Cardiff, Cornwall, Exeter, Kingston, Lewes, Liverpool, Plymouth, Stroud, Totnes, and Worcester. Other areas that we know to be in the process of developing their own versions are Hackney and Oxford. No local currency is the same. They are all designed to respond to local economic needs and be representative of that area’s history and culture.




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