Mr Bailey said he expects pandemic 'habits' such as working from home to stay, with people having a 'hybrid' lifestyle rather than fully returning to offices. Asked this morning about the outlook for the UK, Mr Bailey highlighted the scale of the hit inflicted by coronavirus lockdowns. Mr Bailey was grilled on the rise in interest rates on government debt - with the UK's debt mountain surging towards £2.8trillion. But Mr Bailey indicated he was not overly concerned about the shift. However, despite sounding a more optimistic note, Mr Bailey warned there is little chance the UK will return to the pre-pandemic 'normal'.

Source: Daily Mail March 15, 2021 17:21 UTC