Published: 3rd May 2018

Photo courtesy of Bristol Pound The image of Eastbourne is changing. From ice creams on the beach, Punch & Judy and faded Victorian hotels, it’s now one of the fastest growing towns in the UK with a burgeoning creative industry home to almost 1000 independent businesses, many of which have been set up by young people priced out of London and nearby Brighton. A new community currency is due to be launched in the town called Bourn Coin, and its creators hope to capitalise on the creative boon in the town as well as attempting to tackle the inequality and poverty that besets so many seaside towns in the UK. The concept behind a community currency is nothing new. Create a medium of exchange that can be distributed and spent locally, which keeps money circulating within a geographical location and away from the pockets of shareholders of … (To read the full article, subscribe below)