Liverpool pound

The Liverpool pound refers to various types of local currencies used in Liverpool, United Kingdom.

History

Between 1793 and 1796, in order to solve a local financial crisis the Liverpool Corporation gained permission from the House of Commons[1] to distribute its own banknotes in denominations of £50 and £100.[2] Today versions of the original notes are displayed at the Liverpool Museum.

In 2017 Israeli technology company Culu launched the Liverpool Local Pound, a digital currency accessible through a smartphone app and which offers discounts at businesses in Liverpool.[3]

A new non-digital - Traditional Printed Liverpool Pound is due to be released in early 2018. Developed and run by local Liverpool people born and bred. The Locals know what is best for the area and this is the ethos behind have a touch and feel Liverpool Pound Note rather than a digital format.

References

  1. ↑ "Liverpool. Petition of members of the common council of the town on the stagnation of credit". bopcris.ac.uk. Archived from the original on 27 September 2006. Retrieved 18 September 2017.
  2. ↑ "Did you know that Liverpool had its very own currency???". Merseyside Reporter. Retrieved 18 September 2017.
  3. ↑ Christie, Sophie (27 July 2017). "From Liverpool to east London: Local currencies are making a comeback". The Telegraph. Retrieved 18 September 2017.
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