Inflation in the UK unexpectedly fell in December, a move that will likely fuel pressure on the Bank of England to cut interest rates again next month. The Office for National Statistics said Wednesday that inflation, as measured by the consumer prices index, was 2.5% in the year to December, largely as a result of easing price pressures in the services sector, which accounts for around 80% of the British economy. That was down from 2.6% the previous month. Economists had expected no change in the annual rate. Though inflation has fallen, it remains above the Bank of England's target of 2%. If the Bank of England decides to cut its main interest rate from 4.75%, it could well ease the pressure in British government bond markets, which have been volatile in recent weeks. The uptick in the interest rate investors are charging the British government to lend money over 10 years hit a 16-year high in recent days, piling pressure on Treasury chief Rachel Reeves to cut spending or raise