London gold market queues up to borrow central bank gold after big shipments to US, sources say
London bullion market players are racing to borrow gold from central banks, which store bullion in London, following a surge ...
Sterling treads water as markets look to Bank of England
The pound was little changed on Thursday as markets were focused on a raft of major central bank meetings that will culminate ...
Remember the U.K. debt crisis under Liz Truss? Bank of England now has a formal process to handle it.
The Bank of England on Tuesday announced a new emergency measure to deal with debt-market instability like that seen during ...
Five graphs the Bank of England will assess before interest rate decision
The Bank of England's first interest rate decision of 2025 will take place next week, and investors widely expect ...
UK faces gold shortage as traders send $82B to New York in anticipation of Trump tariffs
People can’t get their hands on gold because so much has been shipped to New York, and the rest is stuck in the queue,” one ...
Gold stockpiling in New York leads to London shortage
A surge in gold shipments to the US has led to a shortage of bullion in London, as traders amass an $82bn stockpile in New York over fears of Trump administration tariffs.
Trump tariff concerns drive gold rush to New York, draining London reserves: Report
The minimum waiting time to load gold out of the Bank of England, which stores gold for central banks, has reached four weeks ...
The Financial Times3d
UK banks clash with Bank of England over rules on loss-absorbing debt
UK banks have urged the Bank of England to dilute its plans for handling ... and will impose “significant costs” on the sector. The City of London’s clash with the central bank comes as ...
The Pound’s Slump Adds to Inflation Headache at Bank of England
The Bank of England faces an extra dilemma ahead of next week’s interest-rate decision, with the slump in the value of the ...
‘The Slab’ redevelopment begins construction on London’s South Bank
A mixed use construction scheme on London's South Bank has been given the green light following a legal challenge.
i1dOpinion
Banks are booming – and savers are getting stung
A bigger economy needs banks to thrive - beating them with more taxes and greater restrictions is bad for growth ...