Central Banking

Biggest UK robbery promps BoE security review

The Bank of England is to review security for banknote storage following Britain's biggest ever robbery at a cash centre in Kent that may have netted the thieves between £40-50 million.

"Following the major robbery of banknotes overnight from a cash centre at Tonbridge owned by Securitas Cash Management Ltd, the Bank of England is working closely with Securitas and the police," the central bank said in a statement on its website Wednesday.

The Bank said it was relieved that the staff of SCM are