London forex trading turnover surges to record high

Britain's daily foreign exchange turnover rose to a record high in April, the Bank of England said on Tuesday, as investors concerned about central bank policy U-turns sought to protect their portfolios.The BoE's semi-annual survey, which showed daily average FX turnover in Britain jumped 12% to $2.86 trillion in the six months to April, underlined the rude health of London's foreign exchange industry despite worries about the impact of Britain's departure from the European Union.