Believe it or not, some UK shares may actually benefit from the Labour budget announced this week.
Investors will be all too aware of the budget's impact on UK equities in the run-up to and immediate aftermath of the budget, and some may find it challenging to pick out any shares that will see improvement in their prospects due to the measures announced by Rachel Reeves.
However, a small section of the market benefits from the budget, either directly or through the inadvertent consequences for UK markets.
Since the budget, the jump in gilt yields has been one of the most notable s...