LSD (£sd) - pounds, shillings and pence - is an abbreviation of the Latin words libra, solidus and denarius.

In simple terms...

Libra, a pound weight in Latin,
s. is an abbreviation for shilling in English,
d. stands for denarius or denarii (a Roman coin).

LSD - Pounds, Shillings and Pence, the currency of Great Britain in days gone by. LSD Finance will study some aspects of the history of UK currency, the banks and related topics...

Decimalisation

	LSD was the abbreviation for £:s:d, pounds, shillings and pence; otherwise known as 'old money': the pre-decimal coinage of the UK until 1971.

The Clearing Banks

	Here we take a look at the 'Big Four' high street banks: Barclays, Lloyds, Midland and the newly merged (in 1970) National Westminster (Nat West). Nat West photo by Ian Britton

BACS

	The Bankers Automated Clearing Service (BACS) was formed in 1971, mainly to provide a central clearing function for bulk automated payments. Here we learn about BACS and its associated companies and processes...

Post Office Savings Bank

	Another long established bank which was commonplace in the high street... In 1861 the Palmerston Government set up the "Post Office Savings Bank" - a simple savings scheme aiming to encourage ordinary wage earners "to provide for themselves against adversity and ill health".

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