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The secrets of the Bank of England: Gold vaults and ‘giant’ bank notes
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The secrets of the Bank of England: Gold vaults and ‘giant’ bank notes
The Bank of England might be best known for setting interest rates and printing banknotes, but there’s much more going on at the central bank you might not be aware of.Jack Leslie and Rupal Patel, Bank of England (BoE) economists and authors of the new book Money: The Inside Story, discussed how the central bank holds 400,000 bars of gold and ‘giant’ and ‘titan’ banknotes worth up to £100 million in its vaults.Speaking on the MoneyWeek Talks pod…
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