The Brixton Pound (B£) is a complementary currency accepted within around 200 small independent businesses in and around Brixton. Because B£s can only circulate within local participating businesses, the scheme stimulates local trade and production, and helps protect jobs and livelihoods through a stronger local economy.
The B£
- supports the diversity and resilience in the local Brixton economy in light of a recession and chain store dominance.
- seeks to encourage and facilitate a self help model and ethos in order to protect the social and financial futures of the residents of Brixton.
- supports local sourcing of goods to decrease CO2 emissions.
- seeks to raise Brixton’s profile regionally and nationally, and to contribute to positive perceptions of the area by drawing attention to its strong community, diverse economy and capacity for innovation.
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