Corbyn’s gains in polls weigh on UK utility shares

British water and power firms are trying to soothe nerves over nationalisation, in the event of a Labour government, although some fund managers and lawyers doubt so-called Corbyn-proofing will work.

Corbyn’s gains in polls weigh on UK utility shares

By Virginia Furness, Sujata Rao, and Julien Ponthus

British water and power firms are trying to soothe nerves over nationalisation, in the event of a Labour government, although some fund managers and lawyers doubt so-called Corbyn-proofing will work.

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