¹ó°ù´Ç³¾Ìý "In 1798 Priscilla Wakefield founded the first "frugality bank" in England. This she founded at Ship Inn Yard in Tottenham. It was intended to help people on lower incomes to save money. There were facilities for women and children to save what they could from their income and soon it became a safe and profitable place of saving for labourers and servants. Members paid, according to age, a sum of money each month to entitle them to a pension after age 60 and money if they were sick. Children were encouraged to save a penny a month towards clothing and apprenticeships. The immense success of this enterprise meant that similar "savings banks" spread throughout the country. They were eventually nationalised in 1865 when the Post Office Savings Bank was established. Penny savings banks continued in schools until 1919, when they were absorbed into the Post Office Savings Bank."
This section lists the memorials where the subject on this page is commemorated:
Penny Savings Bank
Commemorated ati
Priscilla Wakefield
Our colleague Alan Patient took a photo of this plaque in 2008 and tells us i...
Other Subjects
Whitechapel Bell Foundry
This foundry is the oldest manufacturing company in the UK and is still making bells at 32/34 Whitechapel Road. Probably their most famous creation is Big Ben (we thank Alice, a member of a childre...
London Mint Office Limited
This seems to be a commercial organisation making and selling coins to collectors, with no connection to the Royal Mint.
W. H. Smiths
Henry Walton Smith and his wife Anna opened a small newsvendors in 1792 in Little Grosvenor Street. HW and then Anna died, and their sons took over, renaming the business after one of them, William...
Business Design Centre
An exhibition venue and conference centre with showrooms and offices, in Upper Street Islington. The Business Design Centre is a Grade II listed building, which was originally opened, on Liverpool...
Junius S. Morgan
International banker. In business with George Peabody. Father of J. P. Morgan.
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