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Wednesday, 28 October 2026
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Wednesday, 28 October 2026
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Ghanaian press · Organization

Bank of England

Also known as: BoE

Central bank holding Dutch gold reserves relocated from North America amid geopolitical concerns.

2026-05-012026-10-28

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In coverage

Verbatim sentences from the source article.

  1. October 2026
  2. Joy Online

    … To calm the rate of price rises, central banks, including the Bank of England, are expected to hike interest rates in the coming months. …

    Three things we’ve learnt about the UK economy from the IMF
  3. September 2026
  4. Joy Online

    … The US Fed is not alone in facing rising inflation since the Iran war, with the European Central Bank raising rates last week and the Bank of England set to make its own decision on Thursday.

    US interest rates raised for first time in three years
  5. Joy Online

    … It’s single digits of pence we earn per litre.” The rise in inflation means it has moved further away from the Bank of England’s 2% target. …

    Petrol and diesel price rises push UK inflation higher
  6. Joy Online

    … their reserve assets, growing their reserve assets, and actually thinking more effectively around how to make the most of those assets.” De Nederlandsche Bank said the gold removed from the US and Canada between March and August this year is now being held in the Bank of England …

    Why are European countries moving their gold out of North America?
  7. Joy Online

    … It is now being held by the Bank of England, where the precious metal can be traded more easily “in a crisis situation”. …

    Netherlands moves billions in gold to London in ‘crisis preparedness’ move
  8. July 2026
  9. Joy Online

    … It added that a further complication is the tightening bias re-emerging in major economies. “Renewed energy inflation is limiting the ability of the US Fed, European Central Bank (ECB) and Bank of England (BoE) to reduce rates. …

    Pay close attention to monthly inflation, changes in T-bills, lending rates – PwC to CEOs, Boards
  10. Joy Online

    … But Thomas Pugh, chief economist at RSM UK, said the “bigger test for consumers” is yet to ​come as energy prices surged again ​on the re-escalation of tensions in ⁠the Middle East conflict. “Inflation is likely to rise above 3.5%, increasing the risk that the Bank of England rai …

    UK retail sales get surprise boost from hot weather and World Cup
  11. Joy Online

    … The Bank of England holds records of the compensation paid in 1833, not to the enslaved, but to the slave owners, twenty million pounds sterling to the people who had reduced human beings to property, while the enslaved themselves received nothing except the instruction to contin …

    You cannot threaten people into silence about their own history
  12. June 2026
  13. Joy Online

    … Analysts said that after a good start to the year the economy was set to slow over the next few months, and they expect the Bank of England to keep interest rates unchanged when it meets next week. …

    UK economy contracts as Iran war impact felt
  14. Joy Online

    … The party argued the duty had led to the Bank of England taking Winston Churchill off bank notes and produced police training that advised officers not to treat people the same way. …

    Legal equality duty for public services should be scrapped, says Kemi Badenoch

Tuesday 13 October

  1. IMF upgrades UK economy forecast to 1.3% growth for 2026

    The International Monetary Fund has revised its assessment of the UK economy upward, predicting 1.3% growth in 2026 compared to its July forecast of 1%, citing resilience despite global disruptions and AI investment driving broader economic momentum.

    13 October 2026 · Joy Online →

Thursday 17 September

  1. US Federal Reserve raises interest rates for first time in three years

    The Federal Reserve raised interest rates to 3.75%-4% from 3.5%-3.75% in a unanimous decision, citing persistent inflation above the target of 2%. Fed Chair Kevin Warsh said the move was necessary because inflation has remained too high for more than five years, despite opposition from President Donald Trump who called for rate cuts.

    17 September 2026 · Joy Online →

Wednesday 16 September

  1. UK inflation rises to highest in five months on fuel prices

    UK inflation accelerated to 3.1% in the year to August, up from 2.9%, driven by rises in petrol, diesel, and airfares. Motor fuel prices rose 23% compared to August last year as Middle East conflict disrupted global oil supplies and petrol hit its highest price in nearly four years.

    16 September 2026 · Joy Online →

Sunday 6 September

  1. Dutch central bank relocates 86 tonnes of gold from North America

    The Netherlands relocated 86 tonnes of its gold from the US and Canada to London, citing preparation for severe crises amid increasing geopolitical unrest. France and Germany have similarly moved gold reserves back to Europe in response to global instability and trade tensions.

    6 September 2026 · Joy Online →

Wednesday 2 September

  1. Dutch central bank moves billions in gold to London

    The Dutch central bank has relocated 86 tonnes of gold from the US and Canada to London, held by the Bank of England, citing "increasing geopolitical unrest" and the need to strengthen resilience and preparedness in a crisis situation. The transfer took place between March and August through a combination of physical transport and buying and selling operations.

    2 September 2026 · Joy Online →

Wednesday 29 July

  1. PwC advises CEOs to monitor inflation, T-bills, lending rates

    PwC urges Chief Executive Officers and Boards to closely track monthly inflation (especially food and imported components), Treasury bill and bank lending rates, and government capital expenditure execution, citing global uncertainty from the Middle East conflict and its potential impact on commodity and financial markets. The firm notes Ghana's second-half outlook is increasingly exposed to global energy and geopolitical cycles, with the IMF projecting global growth of 3% and inflation of 4.7% in 2026, while a prolonged Middle East conflict could raise fuel, freight, and food production costs.

    29 July 2026 · Joy Online →

Friday 24 July

  1. UK retail sales rise unexpectedly in June amid heatwave

    British retail sales volumes rose 1.0% in June, exceeding economist forecasts, as shoppers increased spending on air conditioning and clothing during hot weather and the World Cup. Online sales reached their highest share since April 2021 at 29.4% in the three months to June.

    24 July 2026 · Joy Online →

Monday 6 July

  1. Reform UK proposes visa restrictions for reparations-seeking nations

    Reform UK, a British political party, has proposed introducing visa restrictions on nationals of countries seeking reparations for the transatlantic slave trade, a move criticized as an attempt to punish African and Caribbean nations for asking for justice. The article argues that reparations are a legal and moral claim for repair of documented harm, not charity, and notes Britain's central role in building and profiting from the slave trade.

    6 July 2026 · Joy Online →

Friday 12 June

  1. UK economy contracts in April amid rising Middle East tensions

    The UK economy shrank by 0.1% in April as the Iran war raised business costs and affected turnover, according to the Office for National Statistics, though the three-month growth rate remained positive at 0.7%.

    12 June 2026 · Joy Online →

Monday 8 June

  1. UK Conservative leader Badenoch calls for scrapping public equality duty

    Conservative leader Kemi Badenoch will argue in a speech that the Public Sector Equality Duty, which requires public bodies such as schools and hospitals to promote equality, should be scrapped because it has become "a minefield" exposing public decisions to legal challenge. The Labour government meanwhile is promising a new equality and diversity strategy focused on getting working-class people into the civil service.

    8 June 2026 · Joy Online →

Saturday 6 June

  1. Opinion: BoG financial debate obscured by politics

    An opinion piece argues that debate over the Bank of Ghana's published financial reports has become politicized rather than focused on substantive accounting and economic analysis, with critics using standards inconsistently depending on their political position.

    6 June 2026 · Joy Online →

Friday 22 May

  1. UK public borrowing in April reached highest level since Covid

    UK public sector borrowing hit £24.3bn in April, the highest for that month since 2020, driven by higher spending on benefits and debt interest payments amid weak retail sales and deteriorating growth outlook.

    22 May 2026 · Joy Online →

Monday 18 May

  1. IMF upgrades UK growth forecast to 1% amid Middle East risks

    The International Monetary Fund upgraded the UK's 2026 growth estimate to 1% from 0.8%, citing resilience but warning that a prolonged Middle East conflict and domestic uncertainty could dampen growth through higher energy and food prices. The IMF suggested the Bank of England need not raise interest rates this year to bring inflation back to target by end-2027.

    18 May 2026 · Joy Online →

Thursday 14 May

  1. BoG's 2025 losses reflect stabilisation policies supporting macroeconomic recovery

    A Bank of Ghana loss of GH¢15.6 billion in 2025 was largely driven by deliberate stabilisation policies—including open market operations, revaluation, and exchange-rate and gold reserve transactions—aimed at restoring economic confidence. The losses coincided with significant improvements in Ghana's macroeconomic indicators.

    14 May 2026 · Business & Financial Times →

Monday 11 May

  1. Bank of Ghana reported GH¢15.6 billion loss in 2025

    The Bank of Ghana reported a GH¢15.6 billion loss for 2025 alongside deepening negative equity, with observers questioning whether the central bank's stabilization efforts during Ghana's economic turbulence have left it financially weakened despite contributing to easing inflation, exchange rate stability, and improved investor confidence.

    11 May 2026 · Joy Online →

Friday 8 May

  1. Bank of Ghana's 2025 losses driven by deliberate stabilisation policies

    The Bank of Ghana reported a GH¢15.6 billion loss for 2025, principally from open market operations, revaluation, exchange-rate losses, and gold reserve transactions. According to the source, these losses were a deliberate consequence of stabilisation policies that contributed to macroeconomic recovery, as central banks prioritise economic stability over profit maximisation.

    8 May 2026 · Joy Online →

Friday 1 May

  1. Central banks serve public interest, not profit like governments

    A Joy Online analysis argues that central banks, like governments providing infrastructure, should be judged by their contribution to price stability and financial security, not by accounting profits; the Bank of Ghana's policy costs should be evaluated by their success in reducing inflation and currency volatility.

    1 May 2026 · Joy Online →

  2. Iran war threatens global food supply via fertiliser shortage

    Yara's chief executive warns that disruption to fertiliser supplies due to hostilities in the Gulf, which have blocked shipping through the Strait of Hormuz, could result in up to ten billion meals not being produced weekly globally and will disproportionately affect the poorest countries.

    1 May 2026 · Joy Online →

Bank of England — Ghanaian press coverage · Ghana Minute