BUSINESSGUARDIAN US
Burnham cuts VAT on household electricity bills; UK borrows less than expected in June – business live
The UK chancellor cuts VAT on household electricity bills, while the UK borrows less than expected in June. The FTSE 100 index opens 0.3% lower, but defense stocks like Babcock International and BAE Systems rise due to a former defense secretary's new role.
Mentioned
Related Signal
Adjacent reporting
- Burnham cuts VAT on household electricity bills; UK borrows less than expected in June – business live
- UK borrows less than expected in June in boost for Burnham
- UK's new PM Andy Burnham cuts household electricity tax
- Burnham to remove VAT on household electricity bills
- Burnham Day 2: After the purge, the splurge
- Gilts Steady as Investors Await More Policy Details From Burnham