For a restatement of my analysis of Bank losses, with charts see Facts4eu today:
EXCLUSIVE: Bank of England’s bond trading has cost us all £100 BILLION in last 3 years, 2023-2025.
GB News does big splash on our report on Bank’s losses.
These are set to rise to an astronomical £288 BILLION.
“That’s a lot of black holes, Rachel,” says Lord Redwood.
Full story: https://facts4eu.org/news/2026_feb_boe_constrictor
Pls re-post our X: https://x.com/Facts4euOrg/status/2024384550613225853?s=20
AND could you please re-post our X with the GB News article: https://x.com/Facts4euOrg/status/2024394382149927233?s=20
Facebook: https://www.facebook.com/Facts4EU/posts/pfbid0nQZHoYnms2xzFTddQm19DfWqEECJGKi3TsvzfqLFNKn6UJthMgfSNGRxhSVqrsFHl
February 19, 2026
It would be nice if the nuance of these facts highlighted that is is the Taxpayer that pays,
£100Bn divided between around some 34million? then add in Chagos £3.4Bn, money to the EU £24bn. Severance to Mandelson, the latest members to be driven out/resigned all big costs that are not paid those that incur the costs.
Even the Governments cancelling of election and then paying the legal fees of the Remain Party was money dumped on the beleaguered taxpayer
February 19, 2026
Lord redwood, never stop ramming it ‘home’ – the cost of Quangos, the OBR and the ONC replacing the Treasury’s job yet they get to maintain staffing levels.
The Taxpayer, the taxpayer
February 19, 2026
Here’s a bit of nuance,
BoE balance sheet reduction, confirming Lord J’s statement of sale of Gits:
https://tradingeconomics.com/united-kingdom/central-bank-balance-sheet
Compare with
Uk Money Supply M3 showing continuing growth in available money to the UK Economy
https://tradingeconomics.com/united-kingdom/money-supply-m3
So, has the Nation had any money effect from the ‘losses’ noted?
February 19, 2026
Yesterday – the Supreme Court has ruled Children can receive damages for the years of their life that will be lost because of medical negligence. I agree with the thought and premise, but we need to be clear it is not those that could be found to be negligent paying again it is the Taxpayer. A Taxpayer that has no say or rights in these situations.
February 19, 2026
and £6,500 to every illegal immigrant, whom the border force took a phone away to examine
February 19, 2026
The costs and catastrophes are emerging by the hour. An incompetent Parliament with their chose don’t give a monkeys Government. When will they stand up and become counted, when will they allow the country a ‘voice’?
“A whopping £10.6 billion in Universal Credit has been given to households with at least one non-working migrant between January 2024 and June 2025, according to research by the Centre for Migration Control. Across the same time span, a total of £15.1 billion was paid out to households where at least one resident was a foreign national…
Figures released by the Department for Work and Pensions show there were 771,000 unemployed migrants receiving Universal Credit as of January 2026. That’s a 55% jump since April 2022.”
February 19, 2026
Don’t forget HS2
February 19, 2026
Indeed perhaps 1/6 of what was wasted on the net harm covid “vaccines” and net harm lockdowns and less than about 1/20th of what Ed is wasting on Theresa’s May’s insane Net Zero lunacy. Still perhaps we can save £35 bn on Chagos thanks to Trump.
February 19, 2026
Then we have the loss of growth and jobs and the pushing away of the wealthy, the non doms, inward investments and hard workers from the UK, the discouragement of working (relative to benefits and black marked) and the costs of all the incoming largely low skilled migrants and benefit claimants. Must come to over a few £Trillion over the circa five years we will have to suffer under Labour. All due to the insane anti-growth economic and energy policies of Reeves, Starmer, Miliband, Lammy, Phillipson, Rayner…
Starmer on BBC 1 breakfast TV this AM a what would you like to say next Sir Kier wittering on about Equality the moronic equality has done vast damage too (other than for Lawyers and similar) it is bankrupted Birmingham. Judges deciding that dusbin men deserve no more than dinner ladies or similar.
Why do lawyers get paid more than anyone else you sits at a desk typing emails, posting letters, using a bit of nause and making phone calls then?
February 19, 2026
Have those £100 billion in losses saved us long term interest payments Lord Redwood?
Has the sale of these bonds kept interst rates lower or had it meant that interest rates needed to be kept higher for longer.
What was the motivation to lose £ 100 billion?
Is it short term pain for long term gain or is it true peofligacy
Reply Selling these bonds tends to drive interest rates up. There is an annual saving of interest on bank reserves.
February 19, 2026
Why isn’t this OBR report being reported by the BBC or SKY ?
February 19, 2026
But it’s only taxpayers money. Who actually benefits from this largesse.
February 19, 2026
@Ian Wragg – it is possible to suggest that it another area of corruption from corrupt Parliament, something that was said to have a value sold off to chums who get to profit comes to mind…
February 19, 2026
Appalling and utterly unacceptable Bank of England mismanagement that is nearly 300 times more explosive than the Post Office Scandal but unbelievable and unknown by most taxpayers and voters.
Interesting that Westminster and BBC don’t want to advertise their own 300 billion black holes esp Rachael complaining about a mere pothole by comparison.
February 19, 2026
for too long the House of Commons has been nothing more than a version of a
“Carry On”movie.The films were funny.The House of Commons is beyond a joke
as for the “Lords” nuff sed.Time for the MPs(Labour on short-term tenure) to say enough
and drag the highheedyins of the BoE before the Bar of the House of Commons and
give answer.
February 19, 2026
“These are set to rise to an astronomical £288 BILLION.”
Absolutely correct but hardly a surprise given that the Governor of the BoE is a Fabian and socialism depends upon making and keeping people poor. But their CAGW hoax with its irresistible Net Zero “solution” will cost £trillions as it meets the immovable object of real, not UN/WEF, physics.
February 19, 2026
What does a BoE Governor have to do to get sacked, never mind being charged with malfeasence?
February 19, 2026
It is unbelievable that Sunak/Hunt and Two-Tier/Theeves have sanctioned this blatant abuse of British taxpayers by the Bank of England.
February 20, 2026
Congratulations on a powerful presentation of this data on GBNEWS.
February 20, 2026
I’m just wondering in whose interests it is to allow this situation to go uncorrected?