From Tottenham Quakers "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
original HMV store
Londonist writes: "The building was destroyed on Boxing Day 1937 and reopened in 1939. HMV's flagship store moved (slightly) to 150 Oxford Street, but the old address was reacquired in 2013, and re...
Crystal Palace
Originally erected in Hyde Park to house the Great Exhibition of 1851. It was on the section south of Rotten Row and east of West Carriage Drive with the mid-point opposite Rutland Gate. The cast-...
Building, Architecture, Commerce, Museums / Libraries, Music / songs, TV & Radio
Alexander James Avery
At the ever useful Pubs History we learn that the 1899 Post Office Directory lists Alex Jas Avery as the publican of White Hart pub in Kennington Lane. Other names are given for 1895 and for 1899 s...
Charles Jellicoe
Co-executor, with Edwin Bedford, to Mary Gray Ratray who died in 1873. Lived and/or worked at 12 Cavendish Place. In the Madras Catholic Directory and General Annual Register for the Year of our L...
Previously viewed
Christopher Buckmaster
Councillor and Mayor of Kensington and Chelsea, 2003 - 2004.
French Protestant Church
Persecuted in France, about 50,000 Huguenots fled to Britain where Edward VI granted them asylum. The French Protestant Church of London was established by Royal Charter in 1550. It took over the T...
Comments are provided by Facebook, please ensure you are signed in here to see them