Liverpool pound
Local currencies in Liverpool, England
From Wikipedia, the free encyclopedia
The Liverpool pound refers to various types of local currencies used in Liverpool, United Kingdom.
History
| Act of Parliament | |
.svg) | |
| 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 |
| Territorial extent | Great Britain |
| Dates | |
| Royal assent | 10 May 1793 |
| Commencement | 25 May 1793[a] |
| Expired | 25 October 1795[b] |
| Repealed | 30 July 1948 |
| Other legislation | |
| Repealed by | Statute Law Revision Act 1948 |
Status: Repealed | |
| Text of statute as originally enacted | |
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]
