Bank of England

Also known as: BoE

2026-05-012026-07-30

In coverage

Verbatim sentences from the source article.

May 2026
8 MayJoy Online
… Similarly, the Bank of England incurred major losses linked to quantitative tightening operations. …
The Cost of Stabilising Ghana: Why the Bank of Ghana’s 2025 losses may be the price of macroeconomic recovery
1 MayJoy Online
… Central banks such as the European Central Bank and the Bank of England have reported significant accounting costs in recent years as a direct result of policies aimed at stabilising their economies. …
Central banks, like governments, pay the price to stabilise the economy
1 MayJoy Online
… The Bank of England this week said it thought food price inflation could rise to 4.6% in September, and could go even higher later in the year. …
Billions of meals at risk due to Iran war, says fertiliser boss

Business

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

The News

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 →

Yesterday

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

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

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

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

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

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

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

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

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

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

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

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 →
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 →