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@AlBert
I seem to recall an article around 18 months ago suggesting that around 500K households couldn't handle a 0.25% increase. The last thing the government wants in an election year is a repeat of the 80's defaults, so you can bet the "independent" Bank fo England monetary committee will have one eye on their future knighthoods well ahead of pulling the trigger.
Plus, cynical old bastard that I am, the "ooh, rate rises are coming" article is now about as regular as the "eurozone is all doomed, just you wait" article that fills Saturday finance pull-outs that are basically paid for by the mortgage lenders who are pissed off with folk like me bumping along nicely thanks on their standard variable ever since it fell through the floor about 5 years ago. "ooh, fix your mortgage before it rises" scaremongering has been going for 2 years at least.
Jesus, I really am a cynical bastard. Must get out riding more now the rainy season is coming to an end...