Hi J Steel,
I too am in the UK. Are you on Edgematters? UK forum, need to register to read, but being UK based you will get good advice and maybe make local contacts that it is easier for you to meet. Mark down 27th September, Sharp Show just south east of Coventry.
Regarding cooking knives. I have made several using AEBL and it is excellent. The stain resistance is more than good enough and the benefit that Magnacut will give in abrasive edge retention vs the difficulty in finishing is I think debatable for what you are doing. I bought two bits of 12" magnacut from the Bladeshow, along with some Procut. I don't have a kiln and am expecting getting the magnacut heat treated any time soon will be a huge pain in the butt. Remember that the new laws make it a lottery to try shipping knife blades into the UK and I don't know how one would send even blanks out to the US. Until there is sufficient quantity in circulation in the UK I would not expect the heat treaters here to be running recopies for it. The folk I talked to at Blade said to expect Magnacut to be about as difficult to finish as D2, not really a good one for hand sanding, and to expect to use more belts than RWL34 (lots more than O-1, AEBL or 1084).
If you wanted a higher spec stainless than AEBL, RWL34 finishes very nicely, but for kitchen knives I don't think you are in any way short changing anything with AEBL. There were chaps at Blade with beautiful, thin ground, full size chef's knives in AEBL, $400-$500. I even met one chap who was forging it for his kitchen knives! It is very tough even at high hardness, which translates into a very thin edge, and very easy to grind and sharpen. You can get it treated by Clarkes Knives in the UK. I haven't used them myself, having found another maker who would do them for me 60-61HRC. Could have probably gone higher but the maker was doing his own at 59-60HRC and I didn't want to push him out of his zone.
Sandvik 14C28N is meant to be a little bit more corrosion resistant than AEBL. GFS have both, as well as Sandvik 10C28Mo2 which is a step up from 14C28N, with yet more corrosion resistance.
In my experience, my O-1 knives have rusted from leaving the tips sitting in a drop of water, leaving water on the blade, or leaving water attracting gunk where blade meets handle. The latter can be mitigated with good design and execution, bevel the front of the handle 20-30 degrees back off 90, and it is MUCH easier to run a cloth down the joint to clean and dry. The AEBL hasn't rusted for me or my dad...For that matter, my dad uses one in 12C27 every day and that doesn't rust in his kitchen....although he beats on it and gets the edge to roll, something he does less with the harder, thinner, AEBL.
I posted these a while back in the Shop Talk, but what the heck, I am still pretty pleased with them. Mind you, the black handle isn't one I would repeat, at least not on something this size, I find I am often holding it quite far back and it isn't really good ergonomics like that. The blue handled one works great where ever I hold it. The little one has an S-grind from a 10" wheel and a lot of hand blending. Edge is fine enough to flex on a thumbnail, cuts like crazy. Since this photo I have ground it to be pointier, and it is improved.
AEBL. 61HRC. Wood I harvested myself and sent...
Best of luck
Chris