Big Business Crossrail hole assaults-inviting Tower Hamlets Council in poverty-budget trading permission link!

This page was last edited at 1300 Hrs GMT London Tuesday 12 August 2008


Big Business Crossrail hole assaults-inviting Tower Hamlets Council in poverty-budget trading permission link!

By©Muhammad Haque
1255 Hrs GMT
London
Tuesday 12 August 2008


As KHOODEELAAR! pointed out yesterday [Monday 11 August 2008], the siting of the £5 notes-only bank machine at a location in the 'most deprived borough in the country' Tower Hamlets, had to have - and indeed had a significant amount to dow with the Crossrail hole plot-inviting Council. The evidence of this being so is found in the details of the same as released by the company ...

Tower Hamlets is the 'local authority' that has given the planning permission for the machine to be started in the Roman Road...

Then there is the poverty link, of course.

The propaganda says that credit crunch is relevant to their apparently booming trade in downsizing accessibility to amounts of cash

And then there is the ‘area’ where ‘management of smaller sized cash’; would ‘benefit’ the people!

The word ‘benefit’ is reminiscent of the poverty-adding Crossrail hole agenda.

The hype says that ‘Crossrail would bring benefits’...

We continue toe expose the Crossrail hole plotters’ lies at the expense of the community in the hole-targeted East End of London

[To be continued]
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"£5 Note Only" cash machine installed to help customers beat the credit crisis

12/08/2008

A cash machine that only offers £5 notes has been installed in East London in order to help customers manage their budgets better.

Instead of offering the usual £10 and £20 notes, the ATM on Roman Road in Bow only offers fivers. Unveiled yesterday by Bank Machine, the ATM has no charges, and is intended to be the first of many.

"We’re delighted to be able to launch this cash machine in Tower Hamlets, and are in the process of identifying around 20 more suitable sites both across London and the other major cities in the UK," explained Ron Delnevo, managing director of Bank Machine.

"Busy sites in areas where we believe consumers would benefit from managing their budgets with smaller denominations are top of the list, but we do need local authorities’ support," he said. "We’re looking forward to working with them to secure planning permission which will enable our national network of fiver-only ATMs to happen.”

Last month, Bank Machine, the UK's fastest growing ATM network, launched the Fight For Fivers campaign, with the aim of getting five pound notes back into circulation and is looking to make partnerships with site owners in locations where £5 notes might be most in demand by consumers.

Recent research revealed that there are not enough £5 notes in the UK and as a result, the campaign has been endorsed by the Bank of England. Andrew Bailey, Chief Cashier at the Bank of England, said: "£5 notes have a vital part to play in the UK purchasing chain and I welcome this initiative by Bank Machine to give easier access to these notes in key ATM locations throughout the UK."

Bank Machine believes that getting fivers back into circulation will be of "huge benefit to both consumers and retail businesses alike," making those ATMs that do offer £5 notes more attractive to customers and helping those customers to budget more effectively.

"Our campaign is particularly timely given the current credit crunch, as many people feel more able to manage their finances by spending cash," explained Mr Delnevo, "£5 notes will allow them to be even more careful in keeping their spending down."

Bank Machine created the UK's independent ATM market ten years ago and now has 2,500 cash machines throughout the country. It began by installing pay-to-use cash machines in convenient locations but has since built a free-to-use network – which already includes more than 500 ATMs in locations such as NHS hospitals, military bases and low-income areas.

For more budgeting tips and deals, read our FREE guide, Top Tips on How to Beat the Credit Crisis and learn about how to cut your bills.

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