DBRS Morningstar analyst Julia Specht said UK public finances remain tight and credit quality depends on whether the government can implement a credible economic and fiscal plan within constrained fiscal space. Public sector net borrowing in June fell 33.1% YoY to £16.0bn (US$21.4bn), but fiscal year-to-date borrowing through June is £2.7bn above the OBR forecast. Specht warned the key risk is whether new prime minister Burnham can advance policy objectives without undermining fiscal credibility.(金十数据)