British inflation surges as weak pound starts to bite

British annual inflation surged to a near two-year high of 1.0 percent in September, official data showed Tuesday, as a tumbling pound raised prices of imported goods and attracted tourists. The Office for National Statistics (ONS) said the jump in the rate, from 0.6 percent in August, was mainly the result of significant increases to prices of women's outerwear, although not necessarily a direct result of the pound's slide in the wake of Britain voting in June to exit the European Union. Analys