Liverpool pound

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

Contents

History

Liverpool Note Issue Act 1793
Act of Parliament
Coat of Arms of Great Britain (1714-1801).svg
Parliament of Great Britain
Long title An Act to enable the Common Council of the Town of Liverpool in the County of Lancaster, on Behalf and Account of the Corporation of the said Town, to issue Negotiable Notes, for a limited Time, and to a limited Amount.
Citation 33 Geo. 3. c. 31
Dates
Royal assent 10 May 1793

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 Colu launched the Liverpool Local Pound, a digital currency accessible through a smartphone app and which offers discounts at businesses in Liverpool. [3]

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.{{cite web}}: CS1 maint: bot: original URL status unknown (link)
  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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