skip to main content
Brighton & Hove Museums Search the Brighton & Hove Museums web site
The Royal Pavilion, Libraries & Museums Collections
Search the online collection
Advanced Search | Search Help

Gallery Themes : Exploring Brighton Gallery

Collections Home
navigation symbol Introduction to the Exploring Brighton Gallery
navigation symbol Living in Brighton
navigation symbol Working in Brighton
navigation symbol Trades
navigation symbol Light Industry
navigation symbol Street Traders
navigation symbol Shops
navigation symbol Domestic Service
navigation symbol Finance
navigation symbol Transport
navigation symbol Time to Yourself
navigation symbol Banding Together
 
 
Previous introduction Next

  Finance

'I think it makes people think about money in a different way. What is it, why do we all go out to work in order to earn and whats the point of having this system?'
Amanda Brace, Local Exchange Trading Schemes.

Five pound bank note issued by Brighthelmston Bank
Five pound bank note issued by Brighthelmston Bank

In Tudor times, Brighton's major employer was the fishing fleet. In Victorian times, the railway was the biggest single employer. Today, the largest single employer is a finance company, American Express.

Brighton's first banks were small, local companies and investors took great risks. The Brightelmston Bank was hailed as an 'invaluable institution' when it opened in 1818. It collapsed 24 years later, ruining many local people. The only local bank to survive, the Brighton Union Bank, was taken over by Barclays in 1894.

Reward and Caution poster for Blue Coach Robbery.
Reward and Caution poster for Blue Coach Robbery.

Banking also provided 'employment' for the Blue Coach Robbers, who broke into a strongbox on a stagecoach journey from London in 1812. The Brighton Union Bank changed the design of its banknotes as a result. Five people were arrested a year later.

Today, some local people in Brighton exchange skills and services without using money. They join a Local Exchange Trading Scheme and trade in tokens such as 'Brights' or 'Hans'.

See objects on display in the Finance section of Exploring Brighton gallery

^ Top

 
Previous introduction Next
 



A A A