Gordon Brown's ill-fated decision to sell off Britain's gold reserves in 1999 has cost the country £21 billion, analysis suggests. The then-chancellor oversaw the sale of 401 tons of gold ...
Gordon Brown's ill-fated decision to sell off Britain's gold reserves in 1999 has cost the country £21 billion, analysis suggests. The then-chancellor oversaw the sale of 401 tons of gold ...
In a historic move that has since been controversial, the Bank of England (BoE) sold roughly half of its gold reserves in 1999 at the price bottom of the world’s leading commodity. This move resulted ...
The then-chancellor oversaw the sale of 401 tons of gold - more than half of the country's holding - 25 years ago this week in an attempt to diversify and strengthen Britain's reserves. Brown oversaw ...
Chinese gold reserves have risen from roughly 1,950 tonnes in the third quarter of 2022 to 2,260 tonnes today – an increase of 14pc. Not to be bested by their central bank, Chinese consumers are ...
Given the damage inflicted by a string of Tory chancellors in the last 14 years, including George Osborne, Kwasi Kwarteng Jeremy Hunt, perhaps we shouldn't be too concerned. Until we remember who ...
This article is the latest installment from the Scotonomics newsletter. To receive it direct to your inbox every week, sign up here. "YOU can't eat it and you can't f*** it, so what value does it ...
With gold prices hitting a record high on Wednesday, here are the 10 countries holding all the cards when it comes to gold reserves, according to the World Gold Council. 13 July 2011 • 5:06pm ...
Gordon Brown is a historian by education, so he might just appreciate the fickleness of posterity. Over a decade at the Treasury from 1997 to 2007, he did many things that he might believe should be ...