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BUSINESSJul 21 · 07:26 UTCTHE GUARDIAN WORLDLauren Almeida

Burnham cuts VAT on household electricity bills; UK borrows less than expected in June – business live

Burnham reduced VAT on household electricity bills, and the UK borrowed less than expected in June. Defense stocks like Babcock International and BAE Systems rose amid a former defense secretary taking a new role.

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