§ Mr. ButcherTo ask the Chancellor of the Exchequer what proportion of Britain's gold reserves are held in(a) the United Kingdom, (b) the USA (c) western Europe and (d) elsewhere. [2396]
§ Mrs. Angela KnightIn accordance with best practice, part of the United Kingdom's gold reserves are held at the Bank of England and the remainder in secure facilities abroad. Because the number of appropriate locations is limited, for security reasons we do not disclose the amounts held at different sites.