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
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
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.