Merry Christmas to you and yours from Timebanking UK!
Merry Christmas to you and yours from Timebanking UK!
4TH WORLD REPORT OF TIME BANKS
“What is at stake with time banks — as exercises in the ‘economy of favors,’ as defined in Spain, or alternative transformative collaborative economies, or any other adjective used to describe a time-based exchange mechanism — is breaking the illusion that only money can generate wealth.”
– Humberto Salazar, Asociacion Ibero-Americana de Bancos de Tiempo (ASIBDT)
This powerful insight is shared in the 4TH WORLD REPORT OF TIME BANKS, published by ASIBDT to celebrate 25 years of British Time Banks. ASIBDT President Julio Gisbert writes:
“The report is presented in three languages—Spanish, Portuguese, and English—where Time Banks from around the world have collaborated, foretelling what I hope will be a productive and fruitful collaboration among all of us in favor of this philosophy and this unstoppable movement for social and community cohesion and citizen empowerment.”
The report can be found with our other research publications here
Timebanking: A Practical Tool for Rebuilding Community Trust and Supporting Social Mobility
In light of the recent unrest and the acts of violence that have shaken communities across the country, we find ourselves at a critical juncture. The events have brought into sharp focus the importance of community cohesion, mutual support, and the need to rebuild trust amongst neighbours and across generations.
I recently penned a letter to The Guardian highlighting how timebanking can serve as a powerful tool in this rebuilding process. In that letter, I emphasise that timebanking offers a practical and sustainable way to foster mutual support, trust, and opportunity, particularly for our young people who have been deeply affected by the recent turmoil.
I call on policymakers and community leaders to consider timebanking as part of a broader strategy to rebuild our communities, proposing the launch of a Social Mobility Programme that leverages timebanking to create equitable opportunities for youth. This initiative would aim to break down barriers and provide young people with the skills and support they need to thrive, thereby contributing to a more just and cohesive society.
As time bank coordinators, you are in a unique position to play a pivotal role in this effort. By encouraging the exchange of time and skills within your communities, you help to create networks of support that can bridge divides, reduce isolation, and foster a renewed sense of trust and solidarity. This work is more important now than ever.
We also encourage you to help spread this important message. Feel free to edit and share the letter with your local news outlets, community newsletters, and via your social media channels. Your voice can amplify the impact of timebanking in rebuilding trust and supporting social mobility in our communities.
You can read and download the full letter here, and it is enclosed below:
Dear Editor,
The recent unrest has highlighted the fragility of our communities and the strength that can emerge when people come together. As we reflect on how to rebuild in the wake of these events, it is essential to focus on practical, sustainable methods that foster mutual support, trust, and opportunity for all, particularly for our younger generation.
Timebanking offers a proven approach to achieving this. By allowing individuals to exchange time and skills on an equal basis, timebanking strengthens community ties and empowers people to contribute meaningfully to their neighbourhoods. As these exchanges take place, people from diverse backgrounds come to see the humanity and inherent value of others in their wider communities. This creates networks of reciprocal support that are particularly resilient during times of crisis.
Importantly, timebanking values everyone’s contributions equally, regardless of background or circumstance. This is especially powerful for young people, many of whom have faced significant challenges in recent years. Disruptions to education and the emotional toll of these events have had a profound impact on their academic attainment and overall well-being. Reduced social mobility among young people undermines societal cohesion, economic prosperity, and the principles of fairness and opportunity, while stifling innovation and under-utilising talent.
Timebanking UK proposes the launch of a Social Mobility Programme designed to create equitable opportunities for young people through the principles of timebanking. By facilitating the exchange of skills and services, timebanking fosters a sense of community, reduces isolation, and improves well-being. This model is perfectly placed to enable young people to overcome barriers and realise their full potential, contributing to a more just and cohesive society.
As we look towards national renewal, I urge those in positions of influence to consider timebanking as part of the solution. It is a model that has worked in communities across the UK and beyond, and it could play a vital role in helping us rebuild trust, solidarity, and opportunity in these challenging times.
Yours sincerely,
Sarah Bird
CEO, Timebanking UK
Deidre Brock, MP for Edinburgh North and Leith, talks about initiatives and fresh ideas in an article published in advance of a Westminster hall debate on Tuesday the 27th February.
Here is the link to the lovely piece of writing:
It is with great sadness that Timebanking UK announces the death of Bethan, youngest daughter of our CEO Sarah, at age 21. Bethan had fought a long battle with the very rare ‘grey zone’ lymphoma, defying expectations to live many months longer than doctors predicted.
Our thoughts are with Sarah, Bethan’s sister Hannah, and all her family and friends.
Please send any cards to TBUK’s office, and if you would like to contribute to a memorial fund for Bethan, please visit https://www.collectionpot.com/pot/651850/
Timebanking UK has two part-time positions available as part of the Kickstart Scheme, which aims to support young people at risk of long-term unemployment into work.
To find out more about each of the roles, click on the links below.
To apply, please send a CV and cover letter to Sarah Bird at sarah@timebanking.org, stating which role you are interested in. All roles are for 25 hours a week, Monday to Friday.