The Bank of England gold rush that's pushing up the price
Friday, 14 February 2025 () Deep under the Bank of England, in a network of vaults into which cameras are rarely admitted, sits the world's second biggest known trove of gold.
The Bank of England has cut interest rates to 4.5%, down from 4.75%. That means the interest rate is at its lowest level since June 2023, meaning the cost of borrowing has fallen to its lowest point in more than 18 months. Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn