Bank of England governor Mark Carney has said that UK interest rates are not heading back to pre-crisis levels, despite hinting that borrowing costs will be hiked soon. Carney insisted that interest rate rises will be gradual and limited, and that borrowing costs won’t hit the 5% level. But he also reiterated that the UK is running out of ‘spare capacity’, creating pressure to raise borrowing costs. Report by Pagead. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn