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Kingston is planning to print its own currency

By
Matilda Egere-Cooper
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South London seems to have a thing for having its own moolah. Take the Brixton Pound, a flashy set of bucks that arrived in 2009 to support the area's local economy. Then last year, Kingston upon Thames got in on the act by piloting a digital form of their own currency, the Kingston Pound (K£). Now, the borough plans to make it more official by turning it into physical notes, and they're currently calling on schools to provide designs for the new cash.

The hope is that the currency will not only encourage residents to join the local credit union to steer clear of pay-day lending, but it'll give more power to the people and inspire them to shop from independent businesses. Because, according to the founders, 'it would be a great shame to lose them and have to rely on one great big shopping mall or have a high street full of Betfreds.' Right on. 

Find out more about the Kingston Pound at kingstonpound.org.

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