Bank of England Governor says UK inflation “will be a bit bumpy”
In a recent interview on CNBC the Bank of England Governor Andrew Bailey says that UK inflation, “will be a bit bumpy this year".
Janet Yellen says interest rates “may” have to rise, then backtracks
In a recent interview US Treasury Secretary Janet Yellen says interest rates "may" have to rise.
Royal Mint unveils a 10 kilo gold coin. Largest coin in its 1,100-year history
The Royal Mint has produced a 10 kilo gold coin. This is the largest gold coin in its 1,100-year history to celebrate the conclusion of its Queen’s Beasts collection. A…
More signs of inflation. Coca-Cola ‘will raise prices’ due to higher commodity costs
Coca-Cola CEO James Quincey has indicated that prices of Coca-Cola products will rise due to higher commodity costs.
UK ‘e-pound’ coming soon. Digital money issued by the Bank of England
The UK Government will set up a new ‘taskforce’ to explore in more detail the introduction of a UK digital currency nicknamed the ‘e-pound’ in a series of reforms to…
Is it reckless NOT to have gold and silver in your portfolio?
In simple terms, precious metals such as gold and silver have historically been a hedge against currency weakness, stock market volatility, political instability and even the real risks of an…
China could set expiration dates for digital yuan
China has been testing expiration dates for the digital yuan which would encourage citizens and companies to spend it more quickly.
Royal Mint & Canadian Mint team up to produce a silver coin set to celebrate Queen’s 95th Birthday
Royal Mint Partner with Canadian Mint To Celebrate the Queen’s 95th Birthday. The Royal Mint and The Royal Canadian Mint have partnered for a unique set celebrating HRH Queen Elizabeth’s…
Central Bank Digital Currencies will grant authorities “absolute control” over money
The General Manager of the Bank for International Settlements (BIS) Agustín Carstens, has stated that Central Bank Digital Currency will give Central Banks “absolute control” over money.
More banks in Germany now charging savers as negative interest rates hit home
Banks in Germany are now charging savers and have told customers to pay 0.5% annual rate to keep sums of money with them, essentially telling customers to go away.