Economics2 August 13<2 August 13 Untangling gold at the Bank of England by Alasdair Macleod From 2006 the Bank of England’s Annual Report has declared the quantity of gold in its custody, including the UK’s own 310 tonnes. Prior…
Economics20 May 13<20 May 13 Bank balances and gold by Alasdair Macleod There has been a growing shift in favour of assets relative to bank deposits. This was initially encouraged by zero interest rates, but more…