By Chris Dorrell The Bank of England should be on the guard against the potential inflationary impact of Labour’s inflation-busting public sector pay deals, according to economists. Since entering office at the beginning of July, Labour has signed off on public sector pay rises worth 5.5 per cent for many public sector workers, more than double the current rate of inflation. Some workers have received particularly hefty pay rises. Train drivers have received a 14 per cent pay rise while junior doctors could see their pay rise by 22 per cent over two years. Speaking after the Bank of England’s …