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UK public finances under pressure after surge in borrowing; water company shares fall after Burnham win – business live

Economy The Guardian By Graeme Wearden 19 Jun 2026 08:48 1 min read
UK public finances under pressure after surge in borrowing; water company shares fall after Burnham win – business live

UK budget deficit is running higher than forecast; borrowing costs rise after Makerfield by-election as US-Iran talks are called off Shares in UK water companies are dropping in early trading, as Andy Burnham’s by-election win raises the prospect of nationalisation. United Utilities, which provides water and wastewater services in the North West of England, are down 1.3%. “When Andy says he wants the public to have control over ‘the essentials of life’, we should believe him. He is completely se

UK budget deficit is running higher than forecast; borrowing costs rise after Makerfield by-election as US-Iran talks are called off

Shares in UK water companies are dropping in early trading, as Andy Burnham’s by-election win raises the prospect of nationalisation.

United Utilities, which provides water and wastewater services in the North West of England, are down 1.3%.

“When Andy says he wants the public to have control over ‘the essentials of life’, we should believe him. He is completely serious.”

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