<sod >Deputy governor of the Bank of England, Ben Broadbent, has said that some UK households will experience pain as the result of the first interest rate rise in a decade, and signalled that more hikes are likely to be required.< eod>< sod > UK households will experience pain due to the first interest rate rise in a decade, the deputy governor of the Bank of England has warned, signalling that more hikes are likely to be required.< eod>