Annual June figure comes after new PM pledges to reduce cost of living and improve economy

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.

Andy Burnham begins his premiership by unveiling plans to ease living costs. He aims to improve public finances and end political uncertainty. Measures may include capping bus…

New UK govt tackles cost of living with energy tax cut