Northern businesses have been hit harder by cost hikes than firms in London and the South East, research reveals today.
Analysis by Labour found 53.6% of companies in Yorkshire and the Humber, 52.1% of firms in the North East and 47.8% in the North West said prices of materials, goods and services had risen “more than normal” between February and March.
In contrast, just 36.7% of firms in the capital and 46.6% in the South East reported above-normal cost surges.
