Inflation shows the rate at which the price of goods and services rises over time

Some economists think a sharp drop in petrol and diesel prices will have helped pull the overall inflation rate down to 2.4% in June, from 2.6% in May

Inflation is expected to have eased last month in a welcome but temporary boost for Andy Burnham’s incoming government.

British government bond yields saw a slight increase on Monday. Andy Burnham is set to become the country's seventh Prime Minister in a decade. Investors are anticipating one or…