Businesses see costs soar as high inflation hits hard

The rate of inflation fell to 10.5% at the end of last year, driven by a drop in the cost of petrol and diesel

Price rises slowed for a second month in a row in December, but remain close to their highest level in more than 40 years.

However there is little respite for households, with the cost of food reaching its highest level in more than 45 years.

STV News has been speaking to businesses having to deal with sharp increases in their bills.

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