London gold market queues up to borrow central bank gold after big shipments to US, sources say
By Polina Devitt LONDON (Reuters) -London bullion market players are racing to borrow gold from central banks, which store ...
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 ...
BoE's Bailey says bank rules were delayed because of US competition
The Bank of England delayed introducing new rules for banks to avoid putting British firms at a competitive disadvantage to ...
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 ...
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 ...
Mark Carney, the 'unreliable boyfriend' who ran UK's central bank
Mark Carney was the first non-British person to become governor of the Bank of England in its more than 300-year history when ...
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.
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 ...
Man sentenced after using locker codes of gym members to hack into their bank accounts
LONDON (WKRC) - A man was sentenced after he used locker codes belonging to gym members to gain access to their bank accounts ...