But in some instances, traders must deliver physical gold to fulfill some of their futures contracts. Fears around Trump’s rhetoric have accordingly sparked an influx of gold to the U.S. in case monetary metals become subject to tariffs.
A surge in gold shipments to the US has led to a shortage in London, according to reports. Traders have amassed an almost £66bn stockpile in New York in recent weeks amid concerns over tariffs by the Donald Trump administration, the Financial Times reports.
London bullion market players are racing to borrow gold from central banks, which store bullion in London, following a surge in gold deliveries to the United States on speculation of potential import tariffs there,
A large London landlord has severed ties, and Homes England has suspended its relationship, with a fire assessor that has been sanctioned by the Institution of Fire Engineers (IFE).
A consortium of US west coast billionaires will own 49% of the Lords-based Hundred franchise after agreeing to pay a world record price for a minority stake in the team, Sky News can reveal.
A man has been arrested on suspicion of grievous bodily harm after five people were stabbed on Thursday morning in south London, emergency services said.
Tunnels built to shelter Londoners during World War Two bombing by Germany are set to be transformed into the British capital's biggest new tourist attraction for years, according to the company that has bought the sprawling network of passages.
Britain's benchmark index hit a record high on Friday and was set to log its best month in more than two years, while investors prepared for the Bank of England's rate decision next week. The blue-chip FTSE 100 hit an all-time high of 8,
The northernmost parts of the UK could face blizzard conditions as unpredictable weather patterns look set to bring more snow in the coming weeks. Parts of Scotland will likely be the worst hit, and there could be up to 29cm of snow in some regions as freezing temperatures sweep in.
Fifth place in the rankings will be theirs for the taking if they win by more than 15 points – something they have achieved only once at Ireland’s citadel in the Six Nations era. England’s last win in Dubin, full stop, was back in 2019.
England will give Harlequins winger Cadan Murley his debut against Ireland on Saturday after Steve Borthwick named his team on Tuesday for the Six Nations opener, with twins Ben and Tom Curry to start in the back row together for the first time.