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
Investors are reportedly waiting up to eight weeks to unlock their gold and ship it to the U.S.
Bank of England readies rate cut and could hint at more to come
The Bank of England looks likely to cut interest rates next week, when it could also nudge investors to expect faster ...
Yen set for best January since 2018; dollar firm ahead of tariff deadline
The yen was set for its best January performance since 2018 on Friday, driven by the expectation for Japanese interest rates ...
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 ...
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 ...
4 Bank Of England Scenarios, With A Rate Cut Widely Expected
ING is looking for three further cuts later this year, but a shaky jobs market and the prospect of lower services inflation risks pushing the BoE into more aggressive moves. Click to read.
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 ...
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Bank of England tackles financial literacy problem with quiz
“The Bank of England has an important role to play in improving financial literacy in the U.K.,” said Andrew Bailey, governor ...
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 ...
Bank of England launches emergency fund to prevent repeat of £45bn gilts crisis
The UK's central bank has launched an emergency lending facility to prevent a repeat of the hike in government borrowing ...
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 ...
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 ...