London Gold Market Queues up to Borrow Central Bank Gold After Big Shipments to US, Sources Say
LONDON (Reuters) -London bullion market players are racing to borrow gold from central banks, which store bullion in London, ...
Bank of England launches tool to calm gilt market in times of distress
The Bank of England launched on Tuesday a new financial stability tool that insurers and pension funds can use during periods ...
UK gold shortage as £66bn moved out of London
A surge in gold shipments to the US has led to a shortage in London, according to reports. Traders have amassed an almost ...
Heathrow's third runway and London 'gold shortage'
The Daily Telegraph says Heathrow's third runway will not be ready until 2050, according to Ryanair CEO Michael O'Leary. The ...
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 ...
Traders bet on more Bank of England rate cuts in 2025 after data shocks
The disappointing retail data adds to the dim economic picture in the U.K. and to the challenges facing Finance Minister ...
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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 ...
Dad sets world record visiting 42 London museums in a day
A Londoner has broken a Guinness World Record by visiting 42 museums in a single day after being inspired by his children ...
‘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.