Posts Tagged ‘Lewes’

Transition: Lewes Pound launched by Mayor of Lewes

The new Lewes Pound

The new Lewes Pound has just been officially launched by the Mayor of Lewes in front of an audience of over 450 people. Speakers included Rob Hopkins from Transition Totnes and Polly Toynbee from the Guardian. I’m a little ambivalent about the long-term impact of local currencies, but their introductory paragraph gives a good feel for the reasons they are important to the transition movement:

The Lewes Pound is a creative yet practical way for local people to make money work for Lewes. Money spent locally circulates within, and benefits the local economy. Money spent in national chains doesn’t. The Lewes Pound encourages demand for local goods and services. In turn this builds resilience to the rising costs of energy, transport and food.

This is really big step for Transition Lewes – they have over seventy traders accepting it already, and some starting to put up special offers for those paying in Lewes Pounds (effectively starting to create an exchange rate).  It’ll be interesting to see how it goes from here!

Transition: Barclays to issue Lewes Pound

In a fascinating twist the new Lewes Pound will be available at Barclays Bank – from the site of the Lewes Old Bank which backed the original Lewes Pound in 1895!

This does seem to add new credibility to the Transition Towns movement and it’ll be interesting to watch their success. More details on the curreny can be found at the Transition Towns Lewes pages.

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