The world’s first local currency cash machine opened last week in Brixton.
The Brixton Pound (B£) is money that sticks to Brixton. It is the only local currency of its kind in London.
B£ was designed to support Brixton businesses and encourage local trade and production. It’s a complementary currency, working alongside (not replacing) pounds sterling, for use by independent local shops and traders. The B£ gives local traders and customers the chance to get together to support each other and maintain the diversity of the high street and strengthen pride in Brixton.
The cash machine (funded by the London Mayor’s High Street Fund) is seen as a step forward to further boost the economy in Brixton. The machine, which looks more like a money vending machine than a typical ATM, was designed and produced by Kind Studio, and can be found in Market Row.
B£’s Tom Shakhli said:
“Our cash machine is the latest in our challenge to the conventional view that we’re moving towards a cashless society, and gives locals and visitors to Brixton an opportunity to experiment with money that celebrates community and creates conversations rather than closes them off.”
You can get your hands on B£s at almost any time of the day! Operating hours: 8am – 11:30pm Tuesday to Sunday, and 8am – 6pm on Mondays.