BoE to raise interest rate at a pace of around 75bp annually

Most MPC members are unlikely to feel comfortable with the near-term inflation outlook but the pickup in January should reduce concerns. 

In other words, the BoE can tick off the last but one of our boxes around the turn of the year and thus our main scenario is that BoE will hike in Q1 16, probably in February. 

"BoE is expected to increase the interest rate at a relatively modest pace of around 75bp annually in the coming years, taking the Bank Rate to 1.25% by the end of 2016", says Danske Bank.