The UK’s top banker has warned of a difficult time ahead for the UK economy following a slowing recovery from the pandemic in recent months.

As the battle for ownership of Venezuela's gold reserves in the Bank of England reaches the final stage the UK doubles down on its position of freezing the reserves more or less indefinitely.

The Governor of the Bank of England and its chief economist have both warned of the acceleration of inflation in the UK for the rest of the year.

Bank of England Governor Andrew Bailey slams the EU’s stance on swaps clearing claiming that the decision to reduce the bloc’s reliance on the City of London's financial hub will draw a 'firm' UK response.

Venezuela has scored a victory in its quest to gain control over sovereign gold currently blocked by the Bank of England.

Venezuela has renewed efforts to recover frozen gold reserves held by the Bank of England.

The latest official figures indicate the coronavirus pandemic has had a more negative impact on employment figures than previously feared.

The governor of the Bank of England has poured cold water on the government's hopes of a speedy economic recovery once the coronavirus crisis subsides.

Venezuela's central bank has launched legal action to secure the release of its gold held by the Bank of England in London.

In a sign of panic and desperation, the Bank of England is considering handing free cash to UK families as the toxic grip of the coronavirus on the UK's economy and financial system tightens.