Britain misses out on £36bn after Gordon Brown sold the gold

A mobile billboard reminding Britons that Gordon Brown sold off the UK’s gold reserves a quarter of a century ago - Edward Masse Britain has missed out on around £36bn after Gordon Brown decided to sell off half of the nation’s gold reserves a quarter of a century ago. The price of gold surpassed $4,000 (£2,989) an ounce for the first time on Wednesday, making the bullion sold off by the Bank of England around the millennium notionally worth more than $51bn in today’s prices. Mr Brown, the former Labour ...