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, […]

Responsible localised leadership in Bristol

Posted Posted in City council, Devolution, Economy, Finance, Local economies, Localisation, Microfinance, Mutuals, Planning, Retail, Social Enterprise

Mayor George Ferguson’s pledge to make Bristol “happier, healthier and more sustainable” was the cornerstone of his election campaign. Soon after his election he announced his decision to take his salary in the UK’s first city-wide local currency – Bristol Pounds. This local currency is run as a not-for-profit social enterprise by the Bristol Pound Community Interest Company and Bristol […]