Kingston Pound trial launches at Seething Sardine Festival

Kat Hipsey, Andrew Connolly and Saskia Baard at the new Kingston Pound stall

Kat Hipsey, Andrew Connolly and Saskia Baard at the new Kingston Pound stall

First published in News
Last updated
Surrey Comet: Photograph of the Author by , Senior reporter

This weekend’s Seething Sardine Festival saw the public launch of a trial for the Kingston Pound – a borough-only currency designed to keep spending local.

The fun day was part of the Surbiton Food Festival 2014, which runs until Sunday, May 18.

>> GALLERY: See our pictures from the festival

The notes, which have a value of £1 each and sport three forms of security, were bought in advance and can be redeemed in businesses around the town.

Surrey Comet:

The new Kingston Pound note

Project leader Andrew Connolly said: “Everybody at the Sardine Festival was taking the pound. We’ve already exceeded our target.

“It’s just a trial to get people thinking about the possibilities of a local currency. It’s the only way you can engage and get lots of people involved.”

Comments (2)

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5:01pm Wed 7 May 14

Tony from Surbiton says...

If I buy Kingston pounds and spend them in local shops, surely the shop would just redeem them for cash, wouldn't they? It would be easier if I just spent normal money in the same shop and cut out all the hassle and extra expense of printing them. Or am I missing something?
If I buy Kingston pounds and spend them in local shops, surely the shop would just redeem them for cash, wouldn't they? It would be easier if I just spent normal money in the same shop and cut out all the hassle and extra expense of printing them. Or am I missing something? Tony from Surbiton
  • Score: 0

12:47am Mon 12 May 14

K£pound says...

Re Tony - we are looking for ways that local businesses can move the currency along such as buying from local supply chains and we will lobby for the council to take K£ as payment or part payment of business rates. We know there will be doubts and concerns and we have spent the last year trying to ensure we create a system that works for business and serves the community Andrew@kingstonpound
.org
Re Tony - we are looking for ways that local businesses can move the currency along such as buying from local supply chains and we will lobby for the council to take K£ as payment or part payment of business rates. We know there will be doubts and concerns and we have spent the last year trying to ensure we create a system that works for business and serves the community Andrew@kingstonpound .org K£pound
  • Score: 0

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