TomandJerry
Well-known member
- Oct 1, 2013
- 11,652
A survey to find out if businesses in Bristol are willing to be paid in a local currency for supplying services to the council has been completed.
The council, Bristol Credit Union and the Bristol Pound found there was a "great appetite" for the scheme but said there was "still work to be done".
The survey had 236 responses - with 20% interested in being paid, or part-paid, in Bristol pounds by the council.
The currency, which is on a par with sterling, was introduced in 2012.
The survey was sent out online and via social media, in October, to "gauge interest" from the city's local business community in the Bristol Pound.
'Growing interest'
Of those who replied, 11% were already Bristol Pound members, and 30% without accounts said they would consider becoming members.
Jason Thorne, from Bristol City Council, said the survey "demonstrated a growing interest" from local businesses in the Bristol Pound.
The Bristol Pound is a complementary currency which works alongside sterling and does not replace it
How the currency works:
• 1:1 exchange with sterling
• £1, £5, £10, £20 notes
• Run by Bristol Credit Union
• Payments in cash or online
• Funds guaranteed by the Financial Services Authority
How about the Sussex pound?
The council, Bristol Credit Union and the Bristol Pound found there was a "great appetite" for the scheme but said there was "still work to be done".
The survey had 236 responses - with 20% interested in being paid, or part-paid, in Bristol pounds by the council.
The currency, which is on a par with sterling, was introduced in 2012.
The survey was sent out online and via social media, in October, to "gauge interest" from the city's local business community in the Bristol Pound.
'Growing interest'
Of those who replied, 11% were already Bristol Pound members, and 30% without accounts said they would consider becoming members.
Jason Thorne, from Bristol City Council, said the survey "demonstrated a growing interest" from local businesses in the Bristol Pound.
The Bristol Pound is a complementary currency which works alongside sterling and does not replace it
How the currency works:
• 1:1 exchange with sterling
• £1, £5, £10, £20 notes
• Run by Bristol Credit Union
• Payments in cash or online
• Funds guaranteed by the Financial Services Authority
How about the Sussex pound?