Making environmental change happen

Transition Town Brixton Local Currency

Information

The Brixton Pound will be a currency used only in Brixton. Local currencies increase local foot traffic thereby strengthening the local economy and community. To get involved send an email with your name and post code to brixtonpound@gmail.com.

Website: http://www.brixtonpound.org
Location: Brixton
Members: 10
Latest Activity: Feb 4

In September 2009, Transition Town Brixton (TTB) will launch the Brixton Pound: a local currency which can be spent only with local Brixton businesses.

The Brixton Pound will make money work for Brixton by supporting smaller shops and traders who are under threat from the recession and larger chains. Money spent with independent shops circulates within the local economy up to three times longer than when it’s spent with national chains, research by the New Economics Foundation has shown.

The Brixton Pound will encourage people to think about where their money is going and commit to spending a proportion of it locally. It will help to maintain the diversity and uniqueness of Brixton's shops and market, build pride in Brixton, and establish a more resilient, connected community in troubled economic times. On the environmental front, TTB will support local businesses in sourcing more goods and services locally, reducing their carbon footprint.

A Brixton Pound will be worth £1 sterling and can be exchanged for sterling at issuing points. The Brixton Pound already has support from Lambeth Savings and Credit Union, a financial cooperative owned by its Lambeth based members.

JOIN THE BRIXTON POUND 1000 CLUB!

The easiest way to show your support is to follow this link.

By joining the Club you will be one of the first 1000 people to commit to:
• Buy a minimum of 10 Brixton Pounds when they are launched in September.
• Spend them as often as possible (and ask for them in change).
• Report any useful information or ideas back to TTB.

By being part of the 1000 Club you will help us raise awareness and funding for the project. Brixton will be the third Transition Town to have its own currency, following Totnes in Devon and Lewes in Sussex both of which have been very successful and received national media coverage on television and in the broadsheet press. Brixton will be the first part of London to have its own currency and the first urban area in the UK.

Please support us, be a proud member of the Brixton 1000 Club and help support Brixton's local economy. For more information visit our webpage: www.brixtonpound.org

We encourage you to please forward this to your Brixton / South London friends and acquaintances who may be interested!

Many thanks

Tim Nichols
(on behalf of the Transition Town Brixton Currency group)

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Comment by Felix Gonzales on November 14, 2009 at 7:34am: On Saturday 31st October, the Mayor of Lambeth took part in a B£ shopping spree, that started off at Morleys of Brixton department store where the Mayor got himself some B£s.

Next on the list was A&C Continental, Portuguese deli on Atlantic Road, from which the Mayor emerged with a bag of goodies, including herbs and onions for his dinner. From there the Mayoral convoy, made up of a number of B£ supporters and onlookers, moved to the Arcades market for a stop at Wa Zo Bia, African food store, to buy some chilies, and then across to Secondo, vintage clothes outlet, where the Mayor picked up a very cool jersey.

From there, and with many hello-stops at regular intervals, the Mayor reached Nubian Natural Body Care, on Atlantic Road, where B£s came handy in the purchase of some scrumptious salt crystals. Next it was Diverse Gifts, on Atlantic Road, and finally over to Stuart the Watchmaker, on Pope Road, before the Mayor said good bye to the team and headed off to his next engagement. No doubt those bath salts would have come handy that evening.

The shopping spree was a fantastic success in promoting participating businesses and the B£, with passers-by and shoppers out and about in Brixton.