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Bank of England says it will act on inflation

Governor Andrew Bailey's warning is seen as his clearest hint yet that interest rates will rise.

The Bank says staff will be expected in one day a week, but not if they have health concerns.

Bank policymakers keep rates steady despite concerns of an inflation surge in the wake of the pandemic.

Wyelands Bank, part of Sanjeev Gupta's business empire, was under investigation two years ago.

The Bank and the Treasury set up a taskforce to examine how a central bank digital currency would work.

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