Article: Feeling the pinch? This tin shed is home to a real money-spinning idea GBP1.3m Lottery grant adds new chapter to woolmill's money- spinning yarn

AS the credit crunch moves remorselessly onwards, one unexpected result is that people are making savings by looking backwards.

Old money saving skills like sewing, darning, and knitting are being resurrected. Allotments are booming. And now a Speyside woolmill, which has woven cloth since before the French Revolution, has received a massive funding boost so it can return it to its original purpose.

Thanks to a GBP1.3million grant from the Heritage Lottery Fund, Knockando Woolmill will be able to spin and weave wool from local farms, just as the original owners did when the mill opened in 1783.

The demand is there. With the economic climate remaining murky, farmers are looking for ways to ...

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