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 Europe1d
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 ...
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 ...
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 ...
Four major lenders slash mortgage rates ahead of Bank of England decision this week
FOUR major lenders are reducing mortgage rates ahead of a key Bank of England decision this week. Barclays, Coventry Building ...
Bank of England set to cut interest rates to 4.5% in first decision of year
The Bank of England is set to cut interest rates in its next meeting this Thursday from 4.75% to 4.5%, following ...
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 ...
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 ...
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 Finance5d
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.