Inflation

A file photo of an online energy bill. PIC: Jacob King/PA Wire

Drop in inflation to be welcomed but concerns for families remain - The YP says

Two-thirds of Yorkshire retailers have said they believe issues around interest rates and inflation will have an adverse effect on peak trading in the run-up to Christmas. Picture: Simon Hulme

Two-thirds of Yorkshire retailers hit by of rising interest rates and inflation

The parent firm of Primark has revealed a jump in profits and sales as shoppers continued to shop "enthusiastically" at the fashion chain despite price rises and budget pressures. (Photo by Danny Lawson/PA Wire)

Primark drives strong sales at AB Foods as shoppers shrug off price hikes

The Bank of England has made a new announcement on the interest rate. (Credit: Aaron Chown/PA Wire)

Bank of England announces that interest rate will remain at 5.25%

The number of businesses in Yorkshire experiencing severe or critical distress has risen rapidly in the last three months, new data from Begbies Traynor. Picture Bruce Rollinson

New data shows rapid rise in number of Yorkshire firms experiencing distress

The latest economic data offers little reason for a rate hike by the Bank of England in November, according to analysts at Oxford Economics. (Photo byJordan Pettitt/PA Wire)

Retail sales slump as hot weather put shoppers off buying autumn clothing

The UK's inflation rate remained at 6.7% last month despite hopes that a third consecutive dip would be seen, with lower food and drink prices offset by higher petrol and diesel prices. (Credit: Getty Images)

UK inflation remains stagnant at 6.7% despite hopes for another dip

Transport Secretary Mark Harper during the Conservative Party annual conference at the Manchester Central convention complex. PIC: Danny Lawson/PA Wire

HS2 curtailed to make improvements in the region - Mark Harper

Richard Fearon, chief executive of the Leeds Building Society, who carried out the research.

Almost half a million first time buyers could miss out on a home

The Bank of England has announced a new interest base rate after an unexpected drop in inflation. (Credit: Getty Images)

Bank of England announces interest rates will remain at 5.25%

Millions of people are receiving payments to help with high bills amid the cost of living crisis - what further support is coming in 2023?

Cost of living payment: What other support is coming in 2023?

An Iceland store is pictured. The supermarket has slashed the price of1,000 of its weekly staples to help families through the cost of living crisis.

Iceland slashes price of over 1,000 weekly essential items - see list

There are seven big money changes that could affect your wallet coming in September 2023 including Universal Credit and student loans shake-ups.

Cost of living: 7 money changes to be aware of in September 2023

'Some councils have been scraping by as a result of more than a decade of underfunding of local authorities from Westminster.' PIC: David Mirzoeff/PA Wire

Research highlights the need to act on funding for councils - The YP says

Rob Harrison of Progeny provides his expert insight.

Why 2022 challenged the 60/40 portfolio approach: Rob Harrison

Poundland to reduce prices on ‘big brand’ favourites to under £1

Minister for Levelling Up, Housing and Communities, Michael Gove, delivers a speech on planning reforms at Kings Place in King's Cross, north London. PIC: Yui Mok/PA Wire

Tackling inflation is critical to implementation of housing plan - Michael Gove

Santander has delivered its latest trading update for investors. (Photo by PA)

Santander's corporate and commercial banking business 'performs strongly'

Morrisons is introducing its savers range products to its convenience stores across the UK. 10 products are included in the initial roll-out from today including washing up liquid, toilet rolls and sausages, with a further 30 products being introduced in coming weeks. (Photo supplied by Morrisons)

Morrisons brings budget range to convenience store shelves

Rishi Sunak and Jeremy Hunt are considering awarding pay rises to certain groups of striking workers. (Photo by STEFAN ROUSSEAU/POOL/AFP via Getty Images)

Cabinet split over awarding striking workers 6% pay rise

Empire Cinema group enters administration - full list of closures
The Empire Cinema’s chain has entered administration and will close cinemas with immediate effect.

Buckingham Palace

Buckingham Palace to turn heating down to save money

Prime Minister Rishi Sunak during a PM Connect event at the IKEA distribution centre in Dartford, Kent. Picture: Kin Cheung/PA Wire

Inflation remains the number one issue for Yorkshire businesses: Beckie Hart

'In the States billions of dollars are being spent on an Inflation Reduction Act that involves a lot of government investment to help trigger projects which will eventually cut costs and prices.' PIC: Kevin Lamarque/PA Wire

The Government lacks a clear plan on tackling inflation - Andy Brown

Chancellor Jeremy Hunt. Photo by Jordan Pettitt/PA Wire

Jeremy Hunt asks public to be "patient" as inflation continues

A commuter walks through heavy rain near the Bank of England, London.

Bank of England increases interest rates for 13th time in a row

What is core inflation as ONS figures show inflation rate ‘stuck’ at 8.7%

Inflation rate ‘stuck’ at 8.7% new ONS figures show

McDonald’s has revealed its summer menu for 2023.

McDonald’s June menu 2023 revealed - full list of items

Sainsbury’s has cut the price of another everyday item as it plans to compete with Aldi

Sainsbury’s slashes the price of another essential everyday item

Interest rates are set to rise again

Millions of homeowners issued warning as mortgages set to rise again

The housing market could be hit by higher interest rates according to Nationwide – after house prices in the year to May fell.

Nationwide warns housing market could be hit by higher interest rates

Coffee in GPS tracked security boxes at the Central Co-op Food-Petrol Harborne in Birmingham as a theft prevention initiative.

Instant coffee kept in security cases as prices soar to £10.50 a jar
Instant coffee is being kept in security cases at a supermarket after the price soared to £10.50 a jar.

Morrisons market share falls below Lidl as shoppers turn to own brand items

McDonald’s customers across the UK are seething after the cost of a much-loved item has more than doubled in price.

McDonald’s fans fuming after popular item doubles in price

The price of everyday food products bought at a popular supermarket in February 2022 and again in February 2023 illustrates the cost of living crisis.

This basket of food shows how much food prices have risen in one year

This is the first time inflation has dropped below double digits since August last year - but concerns remain over the rate at which food prices are increasing..

Inflation drops to 8.7%, food costs still high - how it affects you

Inflation has dropped below 10 percent for the first time since last year

Inflation drops to 8.7% for first time since last year - what it means

Leeds Baby Bank.

Leeds Baby Bank sees huge demand for services amid soaring supermarket prices

The boss of Tesco's salary has surpassed £4m again

Tesco boss handed £4.4m pay deal amid cost-of-living crisis

Bank of England impose another interest rate hike

Sainsbury’s has cut the price of two popular products

Sainsbury’s cuts price of two everyday products

High inflation continued to support retailers in April but soaring prices meant shoppers bought fewer products during the month. Photo credit: Philip Toscano/PA Wire

Inflation drives retail sales growth but shopper budgets remain under pressure

Royal College of Nursing picket line as staff strike outside a hospital.

NHS staff to be offered 5% pay rise

The two-bedroom Melton annexe is from £127,570

Why a Yorkshire annexe specialist has seen sales soar plus planning rules

Many retailers have been struggling since the pandemic while shoppers are tightening the purse strings due to rocketing inflation, which stands at 10.1 per cent.

Full list of the UK shops and banks closing for good this week

Martin Lewis explained how to check you’re on the right rate of National Minimum Wage when he appeared on Good Morning Britain this morning.

Martin Lewis explains 8 ways to check if you’re being underpaid

Rishi Sunak could be forced to apologise to the House of Commons is he is found to have breached the MP’s code of conduct (image: Getty Images)

What time is PMQs on today?

The rate of inflation has dropped slightly for March

Inflation rate in UK falls but still remains above 10%

Tory party chairman Greg Hands appearing on the BBC 1 current affairs programme, Sunday With Laura Kuenssberg. Picture date: Sunday April 16, 2023.

Prediction of 1,000 Tory losses in local elections rings true: The YP says

Millions of people on benefits are set to get a cash boost as payments rise in line with inflation rates - full list of what will increase and how much you’ll get.

Benefit payments set to increase for millions - full list

The ISA deadline is approaching

ISA deadline 2023: Everything you need to about upcoming ISA deadline

The price of crude oil increased by 5.5% on Monday April 3.

Oil prices rise more than 5 percent as production is cut

April is shaping up to be a rough month for many, with major price increases scheduled to take effect.

April bill hikes set to cost household £700 annually

High street chain Next has said it expects to raise its prices more slowly over the year ahead as it revealed better-than-expected annual profits.

Next sees price hikes easing over the year ahead

Chocolate and sweets prices jump ahead of Easter (Picture: Getty Images/EyeEm)

Chocolate and sweets prices jump ahead of Easter

When the spring Cost of Living payment will hit your bank accounts

Interest rates will go up for the 11th consecutive time as the Bank of England is set to confirm an increase of 0.25% - Credit: Adobe

Bank of England to raise interest rates in bad news for mortgages

Galaxy chocolates will see a huge price hike of 50% - Credit: Adobe

Major price hike of Galaxy chocolate bars leaves customers furious

Surprise jump in February inflation due to salad shortages, food & booze

Shock as inflation rises to 10.4% unexpectedly - what it means

Public awaits biggest change to TV licence fee in two decades amid turbulent times for BBC

Major change to TV licence fee on the way amid turbulent times for BBC