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Bail in the UK doesn't (usually) involve any money. There is no concept of bail bonds or anything like it. The UK concept of Bail dates back to Magna Carta, since the principles of Habeas Corpus mean that someone cannot be detained without sufficient cause.
If you are granted bail, you have to sign a bail bond, which sets out the conditions of bail. You will then be released from police custody and will have to comply with the conditions placed on your bail. The police generally have the same power to impose bail conditions as do the courts.
Bail is a Release of the convicted person to submit a personal bond or assurance to comply with the conditions imposed by the court and to appear before the court. Just because a person is accused of a crime, an endless period of time is not required to hold the individual in custody.
Yes, it is possible to go to jail even after being bailed out. Being bailed out means that an individual has paid the required bail amount and has been released from custody until their court date.
When bail is revoked, any money originally paid to the courts to secure a defendant's release is forfeit. If a bail bond was used, another bail bond will be needed to get the defendant out of jail once again, but only if the judge chooses to set bail. If no bail is set, no bail bond can be obtained.