The governor of the Bank of England has warned the central bank will continue to increase interest rates if there are signs that inflation is remaining persistent.However, Andrew Bailey also revealed that pressure from Britain's tight labour market has loosened.It came as the governor spoke to business leaders at the British Chambers of Commerce annual conference in London.

The governor of the Bank of England has warned the central bank will continue to increase interest rates if there are signs that inflation is remaining persistent.However, Andrew Bailey also revealed that pressure from Britain's tight labour market has loosened.It came as the governor spoke to business leaders at the British Chambers of Commerce annual conference in London.