Check this out..
"The Office for National Statistics on Wednesday admitted to an error that dramatically reduced the worry over inflation in the economy and makes a further interest rate rise less likely. The ONS slashed its estimate of annual inflation in export prices from 3.8 to 0.6 per cent after it found it had introduced an error into the calculation."
If long GBP..that's a good reason to kill a statistician..:))
ERROR MAKES UK RATE RISE LESS LIKELY By Chris Giles, Economics Editor
and FXstreet.com Weblog