It is something that has been experienced by all of us. The rising cost of living crisis has really been felt over the winter - from household bills to petrol prices, we have all noticed the effect on our purse strings.
But perhaps those who have felt it the most are Nottinghamshire's business owners. A number of shops, pubs, cafés and restaurants have been left with no other option but to close their doors for good.
The annual rate of inflation reached 11.1% in October 2022, a 41-year high, before easing to 10.7% in November and 10.5% in December 2022. High inflation affects the affordability of goods and services for households and businesses.
