Who sank the Bank of England Yacht?

The Old Lady at sea

The Bank of England once owned a succession of yachts, which each went by the name of Ingotism, an insider’s reference to its old telex address and to the bullion stored deep in the sub-basements of the Threadneedle Street offices. This is the story of how Ingotism was sunk – in a manner of speaking – and of how I got a good share of the blame from the Bank’s sailing club.


Follow this link to read the full article.

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