Analysis - Soft UK interest rate take-off could unnerve Britons
By Ana Nicolaci da Costa LONDON (Reuters) - When British interest rates finally go up for the first time in nearly 10 years, the impact risks unsettling consumers who are driving the economy even if the Bank of England tries to make the take-off as gentle as possible. Eight years after the start of the financial crisis, many British consumers remain stretched and household debt is high in a country where many are saddled with heavy property mortgages. With lending rates historically low, househo
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