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The Daily Telegraph - Retiring early is to blame for high rates
Summary of the front page
The Daily Telegraph says the governor of the Bank of England, Andrew Bailey, has blamed early retirements for increased interest rates and inflation.
The front page observes the governor’s comments are the clearest sign yet that the Bank is concerned about the number of people retiring early. Inflation in the UK stands at 10.4%, the highest rate in the G7 group of major economies.
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