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 ...
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 ...
Five graphs the Bank of England will assess before interest rate decision
The Bank of England's first interest rate decision of 2025 will take place next week, and investors widely expect ...
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 ...
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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 ...
Bank of England to cut rates five times in 2025, says Morgan Stanley
The US investment bank slashed its growth forecasts on Monday, citing both the lingering impact of the Bank’s monetary ...
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 ...
Major bank with nearly 2million customers to HIKE credit card interest rates in weeks despite borrowing costs falling
A MAJOR bank with nearly two million customers is hiking credit card fees in weeks. This move comes despite a drop in ...
Wage growth accelerates to 5.6% in new headache for the Bank of England
Latest data from the Office for National Statistics ( ONS) showed regular earnings up 5.6% in the quarter, up from, 5.2% in ...
London gold market queues up to borrow central bank gold after big shipments to US
Deliveries to the US left less free-float metal in London vaults, the metal that is not owned by central banks or holdings of ...