Inside the Bank of England’s gold vaults
|12/26/2016||Posted by BusinessMediaguide.Com under General World News||
The Bank of England is one of the most powerful institutions in the United Kingdom.
It is responsible for setting interest rates, issuing bank notes, and maintaining confidence in the British currency.
Britain’s central bank is also one of the largest holders of gold in the world, which it stores in vaults spread over two floors.
Here’s a glimpse inside.
The Bank of England was founded in 1694. It has been on Threadneedle Street in the City of London since 1734.
Let’s head straight to the gold, which is stored underground in vaults that were built in the 1930s.