Traders are moving so much gold from the Bank of England to the U.S. to avoid Trump tariffs that the waiting time has reportedly octupled
London is in the grips of a gold shortage as traders line up for weeks to get bars out of the Bank of England and ship them ...
Politico Europe17h
London snubs Brussels by putting Trump first on banking
Britain blindsided the European Union just before Trump took office by parking a host of banking reforms — and directly ...
Bank of England to cut interest rates as growth fears build
Rate-setters are likely to signal a cautious approach for the remainder of the year given lingering price pressures in the ...
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 ...
Bank of England launches tool to calm gilt market in times of distress
The Bank of England said on Tuesday it had opened the Contingent Non-Bank Financial Institution Repo Facility for ...
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 ...
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 ...
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 ...
Sun readers’ chance to grill Bank of England boss Andrew Bailey – submit your question here
SUN readers are being given the chance to put their questions to the man responsible for setting how much interest you pay on ...
Yahoo Finance4d
Bank of England readies rate cut and could hint at more to come
(Reuters) - The Bank of England looks likely to cut interest rates next week, when it could also nudge investors to expect faster reductions than they currently predict as the economy flatlines.
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.
Nationwide reveals what’s happening to house prices across the UK ahead of Bank of England rate decision
HOUSE price growth has slowed at the start of January, according to Nationwide. The building society said the average price of a property increased by just 0.1% month-on-month. This was lower than ...