Local economies and local currencies: self-sufficiency in Gateshead

I'm just back from a meeting of Gateshead Council's advisory committee looking at commissioning and procurement. The video is of my contribution in which I talked about how a local currency could keep more wealth in Gateshead and avoid it seeping out to centres of power and finance. I used my knowledge of history and my experience of self-sufficiency to illustrate how a local currency could work. I suspect the Council may return to this issue at some point.