Gordon Brown told to explain why he sold Britain’s gold reserves


Holly Watt and Robert Winnett
Daily Telegraph
March 24, 2010

  • A d v e r t i s e m e n t
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Gordon Brown has been ordered to release information before the general election about his controversial decision to sell Britain’s gold reserves.

The decision to sell the gold taken by Mr Brown when he was Chancellor is regarded as one of the Treasury’s worst financial mistakes and has cost taxpayers almost £7 billion.

Mr Brown and the Treasury have repeatedly refused to disclose information about the gold sale amid allegations that warnings were ignored.

Following a series of freedom of information requests from The Daily Telegraph over the past four years, the Information Commissioner has ordered the Treasury to release some details. The Treasury must publish the information demanded within 35 calendar days by the end of April.

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