Bank of England Governor Andrew Bailey pushed back at suggestions by the front-runner to become Britain's next prime minister Liz Truss and her supporters that the government should have a bigger role in how the central bank operates.
With inflation on course to surpass 13% later this year - its highest since 1980 - Truss has said she wants to set "a clear direction of travel" for monetary policy and has promised a review of the BoE's remit.
