We'll all feel richer this year as pay rises and rates stay frozen: Disposable incomes rising at fastest pace since 2007 Bank of England governor Mark Carney hints interest rates to stay at 0.5% But warned people to enjoy it while it lasts as prices may rise later this year Thought rates may reach 0.75% by mid-2016 and 1.5% in three years time Read more: http://www.dailymail.co.uk/news/article-3080745/We-ll-feel-richer-year-pay-rises-rates-stay-frozen-D... ..Unless your an MP and get a £7000 rise..