Currency Group – Brixton Pound

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Brixton Pound

In September 2009, Transition Town Brixton’s Currency Group 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 businesses 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.

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.

For more information please visit our website:
Join the Brixton Pound 1000 Club!

Please show your support by signing up to our Brixton Pound 1000 Club and becoming 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. To join, please fill in this quick form.

If you are a local business and would like to accept Brixton Pounds please join using this quick form

Please support us, be a proud member of the Brixton Pound 1000 Club and help support Brixton’s local economy.

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