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 ...
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 ...
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 ...
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 interest rates will fall faster and further than markets expect, two giant US banks predict
The Bank of England is likely to cut interest rates far further and faster than markets are currently expecting, according to ...
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 ...
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FX Daily: gilt measures worth only temporary GBP relief
Today the US focus should be on a reasonably strong fourth-quarter GDP release, very much driven by strong consumption. This ...
No trade off between financial stability and growth, warns Bank of England
Governor Andrew Bailey has stressed the need for the UK to increase its economic growth rate as Rachel Reeves set out plans ...
BOE’s Bailey Says Big Decisions Needed to Stop Public Debt Surge
Bank of England Governor Andrew Bailey said that “very big decisions” will be needed to stop Britain’s public debt pile ...
Taxpayers warned as HMRC set to add extra interest in ‘blatant cash grab'
He claimed the increase highlighted a “worrying shift” and declared it a “blatant cash grab” from the department. The expert ...
Trump tariff concerns drive gold rush to New York, draining London reserves: Report
The minimum waiting time to load gold out of the Bank of England, which stores gold for central banks, has reached four weeks ...
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.