money

Image / Herschell Hershey in Londonist Flickr pool.

Cockney Cash Machine News Reports: ‘Pile Of Eartha’

Image / Herschell Hershey in Londonist Flickr pool. A cash machine operator has installed Cockney rhyming slang into five of its machines in the East End. The outlets will ask for your ‘Huckleberry Finn’ rather than PIN, and offer to dispense ‘sausage and mash’ rather …

Image by kaytethinks

Still Greedy After All These Years

Image by kaytethinks Despite being in the September of their years, a group of pensioners have been convicted for running an elaborate, multi-million pound counterfeiting operation out of a residential house in Chiswick. The gang, whose average age is 60, set up an impressive hierarchical …

Coins are counted into a wooden bowl, with one coin from every sample placed in the copper bowl for further testing.

Inside The Trial Of The Pyx

“Now, don’t drop any coins,” says genial goldsmith Warren Benbow. “It’s remarkably difficult to find them on this carpet.” So begins this year’s Trial of the Pyx, an ancient and annual ceremony to check the coinage of the realm for metallic composition, weight and size. …

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Anyone Can Fall In Debt

You wouldn’t know it from their Bresson-like hyperrealistic depiction on TV, where Albert Square denizens scrape a comfortable living from the odd hour’s work at the local chippy or on a used motor forecourt or by sinking endless pints at a pub that has no …

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Stadium Fantasium

The main athletics stadium for the 2012 Games is years away from completion, yet the project’s post-2012 fate has suffered more slings and arrows of outrageous rumour than your average Fawlty Towers cast member’s granddaughter. Stories that it could become West Ham’s new home, see …

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Londonomics: The Upside of Down

When things are changing fast, it’s best to shut up about the future, lest you look like a fool. Despite this sound advice, Team Londonomics thought it was about time we weighed in with some hopeful note amongst all the market gloom. So donning our …

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Hammers Hammered By Financial Storm

English football’s wholesale embrace of foreign ownership is about to suffer its first serious test. West Ham United, who in 2006 were bought by Icelandic duo Björgólfur Guðmundsson and Eggert Magnússon, have been caught up in the financial crisis that has engulfed the tiny country. …

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One Meeeeelion Pound Banknote Auctioned

A £1m banknote, one of only two in existence and dating from the post-war Marshall Aid Plan, was today auctioned for a sum considerably less than its face value: £78,000. It’s no bargain for the buyer, though – the note, numbered 000008, was cancelled two …

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Credit Card Cop Cry For Help?

Following the furore over widespread lackadaisical record-keeping for on duty expenses within the Met police force, a detective has been jailed for 10 months for impressively audacious abuses of the company credit card. Detective Sergeant Richard de Cadenet’s level of spending suggests he wasn’t entirely …

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Cashquick Airport

Parents, eh? They can be so embarrassing. If they’re not getting pissed on the port at a family wedding and hokey-cokeying themselves into the nearest A&E, then they’re threatening former Beatles or predicting a British 9/11. That’s what Abdul Fostock has to deal with – …

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Recessionist: A Reduced Service Will Operate

After the usual screams of anguish from the Evening Standard editorials have died away there are some more ominous signs in last week’s traditional September bundle of joy: the TfL new year fare package. “Tough choices around some unfunded transport projects” are to be made, …