Best wishes to all for a fruitful 2011.
The economic crisis continues to inspire us to find ways
to help ourselves and others, which was and still is the
purpose of local exchange trading. The message is now
being echoed in many local initiatives, such as eco-projects
and transition towns. Sorry eveybody for the long gap
in updating this news page - this was drawn to our attention
by one or two recent messages asking if we are still alive
and well, and the answer is yes, we were just so busy
we forget to update the site!
We have had a very constructive two years
working with existing groups who wanted to upgrade from
the old-fashioned paper-based system to a fully online
system. Dedicated software provides a communication system,
as well as taking care care of all the administration
involved with running a LETS, including directories, transactions,
and much more. Groups using our top-recommended software
are linked via the spots on the Local Exchange map.
The most exciting development from one
of the groups we helped to relaunch is printed currency.
Unlike the local currencies you may have heard about,
which have to be bought with pounds, genuine community
currencies are generated by local trading, not linked
to mainstream banking. Congratulations to Bath LETS, who
launched printed olivers on 21st March 2011. More details
Now that we have gained confidence with
working online, we are now taking this to the next level,
by providing our member groups with a central hub. We
will then focus on creating new online systems, prioritising
those areas most in need. In each area, we will be building
county-wide groups and/or regional hubs. New initiatives
will therefore be connected into a wider network from
To support these initiatives, we are developing
our regional site, which will provide a private planning
space for local organisers to share their knowledge and
experience of running LETS: www.letslink.org.uk.
Meanwhile, our London-wide site is due
to be relaunched to provide a direct hub for wider individual
Ongoing news updates are now being transmitted
to groups who are in membership of UK, and we now intend
to build up this "paid-up" membership base by
providing clearly identified services to member groups.
For further details see our membership
We will also send regular updates via
list: this is open not only to individual members
and groups but also to representatives of organisations
and individuals who are interested in developing LETS.
If you wish to join a local group, please
go to the map
page and follow the links. If there is a group near
you, please follow their joining procedure, if not fill
in the form at the foot of the county page, which will
deliver a message to the nearest organisers, and to us.
Please be patient - we aim to make LETS universally available