Crickhowell’s tax plan: an example of ‘people power’ raising awareness of injustice and HMRC’s failures

Posted Posted in Economics, Finance, Government, Local economies, People power, Politics, Protest

Crickhowell has an independent high street with very few of the trading names which now dominate look-alike urban and suburban commercial centres. The town made news earlier this year after offering shares to residents at £50 each to buy their Grade II listed Corn Exchange pub from Punch Taverns to avoid it being used as a convenience store by one of […]

Quantitative easing to fund climate change programmes?

Posted Posted in Energy, Environment, EU, Finance, Government, Green New Deal, Low carbon, Planning, Politics, Transition

Colin Hines, co-founder of Localise West Midlands and Richard Murphy, Professor of Practice in International Political Economy, City University, London, warn that the Paris Climate talks are facing an enormous funding problem to which there is only one viable solution. In a new report published by Finance for the Future, entitled ‘Climate QE For Paree’, they suggest that the measures […]

Financial tools supporting the local economy: the world’s first crowd-funded fee free payment app

Posted Posted in Devolution, Economics, Economy, Finance, Localisation, Microfinance, Planning, Procurement, Regional economies, Trade

“There seems be a real appetite among consumers to buy from independent retailers and support community shopping” Those who have been expressing interest in Localise West Midlands’s involvement with a future Birmingham Pound will also read the Birmingham Press account of Birmingham’s Droplet – a mobile app born in Birmingham promising a ‘customer loyalty revolution’. The Press reports: “Droplet, the […]

Bristol Pound – Birmingham Pound?

Posted Posted in Council, Economy, Energy, Finance, Microfinance, Tax, Trade, Transition, Uncategorized

In March LWM’s co-ordinator reported the local interest in the potential of a Birmingham Pound – the Birmingham Mail following up one tweet about a first-stage meeting of a few potentially interested people. News of an increasingly well-developed scheme in Bristol gives an insight into the role of a local currency. The Financial Times reported recently that the “Bristol pound” […]

Event: Guild of Independent Currencies: June Meetup

Posted Posted in Economics, Economy, Finance, Local economies, Localisation, Microfinance, Transition

Date: 15th June 2015 Time: 9:30am to 5pm Where: Exeter Quaker Meeting House. Wynards Lane EX2 4HU Cost: £5 includes lunch and refreshments The Guild of Independent Currencies has been created by the Bristol Pound (covered on sister site in 2013) to help others to launch their own independent currencies, supporting them through shared technology, best practice and with anything […]

Is a quiet political revolution getting under way?

Posted Posted in Democracy, Devolution, Economy, Energy, Finance, Globalisation, Government, Local economies, Localisation, Localism, Low carbon, Microfinance, Planning, Politics, Regional economies, Renewable energy, Transition

As the old order with its class and gender hierarchies gave way, George Monbiot points out that the void filled with junk could have been occupied by a better society, built on mutual support and connectedness, without the stifling stratification of the old order. ‘The feast to which we were invited is only for the few’ Instead, as the developed […]

Community energy solutions: Plymouth

Posted Posted in City council, Democracy, Devolution, Economy, Education, Employment, Energy, Environment, Finance, Local economies, Local government, Localisation, Low carbon, Microfinance, Planning, Politics, Poverty, Renewable energy, Transition

In 2012 Plymouth’s co-operative city council established a Low Carbon City Team, which helped to identify the city’s potential for community energy solutions and forge partnerships. The council funded pre-development, initial community engagement and business plan development. In 2013 it joined forces with local residents to form Plymouth Energy Community (PEC) which then set up a second Industrial & Provident […]

Could Brummie bonds fund house building?

Posted 2 CommentsPosted in Banks, City council, Devolution, Economy, Finance, Government, Housing, Local economies, Local government, Localisation, Planning, Politics, Transition

City councillor John Clancy, who once worked in the venture capital market, explains in a Chamberlain Files article,  [accessed via the Brummie], that  ‘Brummie bonds’ can provide much needed investment and kick-start building by local councils and housing associations across Birmingham. Some readers will remember that the Brummie Bonds concept was incorporated in the 2003 People’s Pensions Proposal, informally presented […]

Syriza MPs help to promote the social economy by donating 10-20% of their wage

Posted Posted in Banks, Co-operatives, Democracy, Economy, Employee ownership, Finance, Food, Local economies, Microfinance, Mutuals, Planning, Politics, Retail, Social Enterprise, Transition

In a Co-operative News article, Anca Voinea notes that  Syriza has highlighted the importance of reviving the co-op movement, seeing it as a distinct economic model that would be part of their movement for a broader social and solidarity economy. Syriza had shown interest in the movement over the last two years and is preparing for new legislation to support […]

A new citywide currency keeping money earned in city in the local economy

Posted Posted in Economy, Finance, Local economies, Microfinance, Planning, Regional economies, Transition

Above: Karen Leach from Localise West Midlands and Andy Reeve from Impact Hub Birmingham who have produced a currency note exclusive to Birmingham – see http://www.birminghammail.co.uk/news/midlands-news/birmingham-could-next-city-launch-8810436. They are planning to follow the model of the existing Bristol Pound, which is currently used by 782 firms and generates £1 million of business each year. Karen Leach, coordinator at Localise West Midlands, […]