The pound has fallen across the board on disappointment the UK has slipped back into deflation for the second time this year, pushing investors’ expectations about an interest rate rise further out. The Office for National Statistics (ONS) reported that the Consumer Price Index (CPI) measure of inflation fell to -0.1 per cent in September compared to a year-earlier period. This surprised analysts who had expected the CPI to remain flat at 0 per cent. The ONS said clothing, footwear and fuel prices were among the reasons why the rate of inflation turned negative. Other measures of inflation were also weaker, with the ... (full story)