The U.K.'s Labour Party is set to unveil its national budget for the first time in 14 years later on Wednesday. U.K. Finance Minister Rachel Reeves is expected to end months of speculation about the government's intentions to raise taxes, change rules and borrow to support long-term investment. Investment bank analysts have highlighted several stocks that could win or lose ground if the rumored measures are unveiled or curtailed. Individual stocks are listed further below .
"We think that the recent weakness in share prices represents a potentially attractive entry point; in the main, underlying assets and projects continue to perform well operationally and we believe that the defensive characteristics that listed infrastructure exhibits, namely the relatively high initial yield and the ability to protect, at least partially, against inflation over the long term remain attractive," said Investec's Ben Newell and Alan Brierley.