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
London Tea History Association
Founded to record and commemorate over 335 years of the World’s tea trade in London. Feb 2018 City Matters reported that "a statue recognising the City’s pivotal position in the tea trade planned ...
Robert Byford
Worked for the Royal Arsenal Co-operative Society. Was on the building committee for the Abbey Wood branch in 1912. Imago have this photo of Mr and Mrs Byford, at some sort of event - the woman be...
Bosch Magneto Company
Established in 1906Â by Robert Bosch as his London subsidiary. Their first store was opened in March 1898 in Store Street. This wonderful photo shows them moving out of that building (still standing...
Marks & Co.
Antiquarian booksellers at 84 Charing Cross Road, an address made famous through the book by Helene Hanff.
Highbury Barn
Long a rural pleasure resort for Londoners it became notorious in 1861, when Edward Giovanelli demolished the old buildings and built a lavish pleasure ground which attracted large crowds, includin...
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