Oil paintings and portraits depicting seven leading figures at the bank have been removed because of their connections to slavery.
Tag: Bank of England
Bank of England Rebuked Over ‘Missing’ $67 Billion of Cash
A parliamentary committee found about 50 billion pounds worth of cash in circulation is not being spent, and blasted the bank for a lack of “curiosity” about where it is.
Nicolas Maduro of Venezuela Wins Right to Appeal Over Gold Held in U.K.
President Nicolás Maduro of Venezuela has been trying since 2018 to gain access to bullion deposited at the Bank of England, running into a dispute over whether Britain considers him the country’s leader.
U.K. Judge Denies President Nicolás Maduro Access to Venezuelan Gold at Bank of England
It would be unlawful to allow Mr. Maduro access to the gold, a British High Court judge said, because Britain’s government recognizes his rival, Juan Guaidó, as Venezuela’s rightful leader.
U.K. Shields Its Economy From the Virus, but Not Yet Its People
The government is spending $38 billion to mitigate the effects of the coronavirus outbreak, but so far has ruled out aggressive measures to fight it.
Bank of England Audio Was Leaked, Giving Some Traders an Edge
The British central bank says a supplier, without authorization, provided sound from news conferences ahead of the video feed.
Chance of No-Deal Brexit Hampers Bank of England’s Powers of Prediction
Britain’s central bank said economic growth had probably flattened, weighed down by global concerns and uncertainty over the coming departure from the European Union.
U.K. Official Suspended for Forcing Out Climate Protester by the Neck
TV footage showed Mark Field, a senior foreign policy official, jump from his seat and grab a protester at an event Thursday night.
Climate Protests in London Occupy Major Landmarks
More than 300 have been arrested as part of a global civil disobedience campaign demanding immediate government action on climate change, with more confrontations expected.
Theresa May Stalls on Brexit. Again. And Again. And Again.
The British leader says she needs more time to negotiate with the European Union. But critics say she is running down the clock to pressure Parliament.