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
Doves Bindery
The Doves Press in Hammersmith was founded in 1900 by Thomas Cobden-Sanderson in partnership with Emery Walker and was named after the nearby pub. Sanderson had already set up The Doves Bindery in...
Eyre Arms Tavern
St John’s Wood was once part of the Great Forest of Middlesex. Until the end of the eighteenth century (when plans for residential development first appeared) it remained in agricultural use. By 17...
Thomas O. Arnold
Worked for the Royal Arsenal Co-operative Society. Was Assistant Secretary to a building committee in 1900 and Secretary in June 1912.
Glyn, Mills & Co. Bank
Founded in London as Vere, Glyn & Hallifax. Name changes: c.1780 Glyn, Hallifax and Mills; 1850 Glyn, Mills & Co.; 1864 Glyn, Mills, Currie & Co.; 1923 Glyn, Mills Currie Holt & Co....
John Reynolds Roberts
Shopkeeper and philanthropist. Born Camberwell. Aged 17 he and his brother Thomas, left their home in Newington Green and began work in London as errand boys in a drapers. In 1870 he opened a store...
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Finchley Society
Formed to protect, preserve and improve buildings, transport, roads and open spaces in Finchley and Friern Barnet and their environs, and to explore the history and the special features of the area...
London Wall (the road)
Runs from Aldersgate Street to Old Broad Street and for most of that length it is a dual carriageway. Patrick Abercrombie's radical post-war plans for London included a number of ring roads,most of...
Liverpool Street Station restoration
EC2, Liverpool Street, Liverpool Street Station
Unusually high quality plaque, for the date.
Southwark Council
The London Borough of Southwark was created as an amalgamation of the Metropolitan Boroughs of Southwark, Camberwell and Bermondsey. Southwark council annually invites proposals for new plaques fro...
Curtain Theatre
This, the second English purpose-built playhouse was erected very close to the first, The Theatre, and run by the same man, Burbage. Not named for the modern drape on a proscenium arch, but for it...
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