- Sáb. Feb 21st, 2026
fifebusinessjournal.co.uk
fifebusinessjournal.co.uk
Latest news
Two bodies found in Eryri mountain range during search for missing men
Bishop of Lincoln arrested for suspected sexual assault
Sky News was granted rare access to the Bank of England’s gold vaults, located deep beneath the ground in the heart of London’s financial district. The vaults house more gold than Fort Knox, making it the largest gold storage facility in Europe. Sky News was able to film inside one of the 12 vaults, showcasing the thousands of bars of gold stored there. The majority of the gold belongs to over 60 central banks worldwide, making London a hub for physical gold trading. The security measures to access the vaults were extensive, highlighting the importance and value of the gold stored within. Sky News has been granted rare access to the Bank of England’s gold vaults, where a flurry of activity occurred a year ago as investors rushed to remove gold bars from the vaults and transport them to the US via Switzerland for melting down to New York dimensions. This movement of gold may seem unusual, but it is a common practice in the gold market, operating discreetly under the radar.
During this surge in demand for gold bars, the Bank of England struggled to meet the urgent requests due to logistical challenges. However, in the following months, as prices stabilized, gold began flowing back into the vaults, with holdings gradually increasing. While Britain’s gold reserves in the vaults have decreased over the years, the recent spike in gold prices has highlighted the enduring importance of gold as an asset.
The decision made in the late 1990s by Gordon Brown to sell off a significant portion of Britain’s gold reserves at a much lower price has been scrutinized, with analysis suggesting a substantial notional loss. The recent events, including the rise in gold prices, have emphasized the role of London in the gold market and its significance as a safe haven asset during times of uncertainty.
The Bank of England governor, Andrew Bailey, acknowledged the current focus on gold as a safe asset, particularly amidst global uncertainties and the attention on the US dollar. Recent geopolitical events have contributed to the increase in gold prices, with investors seeking refuge in precious metals. London’s status as a central hub for physical gold has been reinforced, especially in light of potential trade tariffs and restrictions on gold flows in other major markets.
The Bank’s involvement in contentious situations, such as the dispute with the Maduro regime over Venezuela’s gold reserves, underscores its role as a custodian of governmental wealth and the trust placed in London as a secure location for storing gold. Questions have been raised about the reliability of London as a safe haven for gold investments, particularly in light of geopolitical tensions and asset seizures in other countries. Sky News gets rare look inside Bank of England’s gold vaults
Women’s rugby head trauma research tackles imbalance in the sport
FA speaks to Man Utd co-owner over immigration comments
Two bodies found in Eryri mountain range during search for missing men
Two bodies were discovered in the Eryri mountain range (Snowdonia) during the search for two missing men, as confirmed by North Wales Police. Concerns were reported to the authorities regarding…
Bishop of Lincoln arrested for suspected sexual assault
The Bishop of Lincoln, the Right Reverend Stephen Conway, has been arrested on suspicion of sexual assault. Lincolnshire Police confirmed a 68-year-old man had been arrested as part of an…
Women’s rugby head trauma research tackles imbalance in the sport
The content is too long to be processed at once. Can you please provide specific sections or key points you would like to be rewritten? SOURCE
FA speaks to Man Utd co-owner over immigration comments
The Football Association has spoken to Manchester United co-owner Sir Jim Ratcliffe to remind him of his responsibilities as a participant in English football, Sky News understands. The intervention from…
Charles Bronson has vowed to «expose the unlawful sentence» ahead of his upcoming parole hearing, where he will have the opportunity to plead for his freedom. The Parole Board has confirmed that Bronson, one of Britain’s longest-serving prisoners, will have an oral hearing in the coming months to determine his eligibility for release. Bronson, now 73, has been in custody for over five decades, initially imprisoned in 1974 for armed robbery. Despite going 12 years without a violent conviction, he has been unsuccessful in his previous eight attempts at seeking parole. In a letter to Sky News, Bronson expressed frustration over being 23 years over his original sentence and being kept in solitary confinement. He stated his determination to expose what he considers to be an unjust sentence and treatment that has gone on for too long. The parole board’s decision to move to an oral hearing signifies a more thorough evaluation of Bronson’s case, including the assessment of evidence in person and questioning of witnesses. This will allow for a deeper examination of his current level of risk and the possibility of his safe release into the community. Gurdeep Singh, Bronson’s solicitor, emphasized the importance of this upcoming hearing as a potential opportunity for Bronson, also known as Charles Salvador, to finally make progress after years of being in solitary confinement without a clear future plan. Charles Bronson vows to ‘expose unjust sentence’ before parole review
The Parole Board has confirmed Charles Bronson’s latest bid for release will progress to an oral hearing in the coming months, where Bronson could be invited to make his plea…
ASOS co-founder remembered after tragic balcony fall in Thailand
ASOS has paid tribute to its co-founder after he died in a fall from the balcony of his apartment in Thailand. Quentin Griffiths fell from the 17th floor of the…
Man denies drugging and raping his wife and others in UK court
A man has appeared in court to deny drugging his wife to rape and sexually assault her along with other men. The defendant, who is in his 60s, but cannot…
‘This was a deliberate addiction… I see it as a form of murder’: Parents express frustration as Zuckerberg heads to trial | US News The anger of parents was palpable as Zuckerberg faced court, accused of addiction by design that they call murder. Kaley GM’s struggles with negative body image, anxiety, and depression were highlighted by her lawyers. TikTok and Snapchat settled in the lawsuit, leaving Meta and Google as the remaining defendants in the case. Zuckerberg drew a crowd as he appeared in court for the first of nine trials involving plaintiffs who claim social media addiction harmed them as minors. The CEO of Meta, which owns Facebook and Instagram, faced allegations of prioritizing profit over children’s health and wellbeing. Despite the massive interest in the case, only a few lucky individuals won seats in the public gallery through a lottery. Even some parents who traveled far for the trial were unable to witness the proceedings firsthand. The plaintiff’s lawyer focused on Instagram’s recruitment of under-13 users, highlighting an internal memo that suggested targeting tweens for success with teens.
Grieving parents awaited Mark Zuckerberg’s arrival at a courthouse in downtown Los Angeles for what is being called the social media industry’s «big tobacco moment». «I’m comforted by the fact…
Government’s tax income rises as record-breaking budget surplus reached
More money than ever has been left over in the public finances due to more tax being paid, official figures show. January had the biggest budget surplus since records began…