Bristol businesses queuing up to join local currency scheme

The Bristol pound - usable only with member businesses in the city in
southwest England - is to launch in September, and organisers are deluged
with local firms wanting to sign up.

 "The perception of banking and money is that it's a very ruthless system:
people are out for what they can get," co-founder Ciaran Mundy told AFP.

"This is about saying yes to something new. It's tapping into a different
set of values about money."

The scheme has "captured people's imaginations", he added, in a
recession-hit year when British banks have been beset by scandals and
ministers talked openly of a possible euro collapse.

http://www.telegraph.co.uk/finance/currency/9478973/Bristol-businesses-queuing-up-to-join-local-currency-scheme.html

Received on Thursday, 16 August 2012 14:14:00 UTC