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bank of England

08:40
Reconstruction funding

Venezuela seeks Bank of England gold to fund earthquake recovery

Venezuelan authorities plan to focus on reconstruction efforts and recovering around 31 metric tons of gold, worth an estimated $4 billion, held in the Bank of England's underground vaults, National Assembly Chief Jorge Rodríguez said, as monthly inflation surged to 20 per cent.

11:11
Gold

Central banks favour gold over dollar for reserves

Central banks around the world expect their gold holdings as a proportion of their reserves to increase over the next five years while expecting their dollar reserves to be lower, a survey by the World Gold Council (WGC) showed.

14:30
Labour Struggle

Wage growth and job cuts test bank of England's strategy

Britain’s labour market showed signs of weakness ahead of April’s employer tax hike, with job cuts and falling vacancies. Despite this, strong wage growth challenges the Bank of England’s decision-making, as it weighs inflation risks and economic slowdown amid global trade uncertainty.

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