1120 GMT - U.K. civil engineering companies Balfour Beatty, Kier Group and National Grid will benefit from increased infrastructure investment by the U.K government, writes head of money markets at Hargreaves Lansdown, Susannah Streeter, ahead of the budget. Increased homebuilding targets should be beneficial for Vistry and Bellway, while consumer discretionary stocks like Tesco, Marks and Spencer and Greggs look set to benefit as HM Treasury rules out tax rises on working people, she says. Increased investment in the National Health Service should also boost health-focused stocks such as Primary Health Properties, Streeter adds. (adam.whittaker@wsj.com)
(END) Dow Jones Newswires
October 07, 2024 07:20 ET (11:20 GMT)
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