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 ...
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 ...
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 ...
Nationwide reveals what’s happening to house prices across the UK ahead of Bank of England rate decision
HOUSE PRICES have slowed at the start of January, according to Nationwide. The building society said the average price of a ...
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 ...
City A.M.3d
Morgan Stanley: Bank of England to cut interest rates five times in 2025
speaks during the Bank of England Monetary Policy Report press conference at the Bank of England, London. Alberto Pezzali/PA Wire Morgan Stanley expects the Bank of England to cut interest rates ...
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.
The Financial Times4d
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 ...
Daily Express4d
Recession fears grow with pressure on Bank of England to cut rates
Pressure has been heaped on the Bank of England to cut interest rates as business ... Almost one in five companies listed on the London Stock Exchange issued a profit warning in 2024.