John Healey warned that tax raid on shops will stoke inflation

Published 13 Oct 2026, 05:09 UTC. Updated 13 Oct 2026, 07:09 UTC.

John Healey warned that tax raid on shops will stoke inflation The Telegraph

Directly affected

No company is named in this report.

Indirectly affected

LMT Lockheed Martin
Defense contractors get more work when conflict spending rises
RTX RTX
Defense contractors get more work when conflict spending rises
NOC Northrop Grumman
Defense contractors get more work when conflict spending rises
GD General Dynamics
Defense contractors get more work when conflict spending rises
ITA iShares U.S. Aerospace & Defense
A fund of aerospace and defense companies
BA Boeing
Defense and aerospace orders move with conflict spending
LHX L3Harris
Defense contractors get more work when conflict spending rises
HII Huntington Ingalls
Shipyards benefit when naval spending rises
UGA UNITED STATES GASOLINE FUND LP
Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations.
GSG ISHARES S&P GSCI COMMODITY-
Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations.

Price reaction, T-5 to T+3

Ticker	T-5	T-3	T-1	T0	T+1	T+2	T+3
LMT	—	—	—	—	—	—	—
RTX	—	—	—	—	—	—	—
NOC	—	—	—	—	—	—	—
GD	-1.12%	-1.56%	—	-0.79%	-0.15%	+0.55%	+2.69%
ITA	—	—	—	—	—	—	—
BA	+0.18%	-0.93%	—	-1.56%	-2.60%	-0.40%	+0.30%
LHX	—	—	—	—	—	—	—
HII	-0.10%	+0.38%	—	-2.41%	+0.16%	+1.23%	+2.87%
UGA	—	—	—	—	—	—	—
GSG	-1.76%	-0.77%	—	+0.96%	+0.49%	+0.44%	+1.89%

John Healey warned that tax raid on shops will stoke inflation The Telegraph

Source: The Telegraph

Price since this story was published: United States Gasoline Fund (UGA)

Since the first closing price after “John Healey warned that tax raid on shops will stoke inflation,” United States Gasoline Fund (UGA) is -1.79%. The S&P 500 fund (SPY) is -0.40% over the same days, a -1.40% difference versus the market. industrial stocks (XLI) is -0.20%, a -1.60% difference versus that group of stocks.

Company	When	Move	Status
BA	that day	-1.56%	final price
BA	the next day	-2.60%	final price
BA	two days later	-0.40%	final price
BA	three days later	+0.30%	final price
BA	three days earlier	-0.93%	final price
BA	five days earlier	+0.18%	final price
Invesco Db Agriculture Fund (DBA)	that day	-0.02%	final price
Invesco Db Agriculture Fund (DBA)	the next day	-0.60%	final price
Invesco Db Agriculture Fund (DBA)	two days later	-0.47%	final price
Invesco Db Agriculture Fund (DBA)	three days later	-0.74%	final price
Invesco Db Agriculture Fund (DBA)	three days earlier	-0.30%	final price
Invesco Db Agriculture Fund (DBA)	five days earlier	+1.46%	final price
GD	that day	-0.79%	final price
GD	the next day	-0.15%	final price
GD	two days later	+0.55%	final price
GD	three days later	+2.69%	final price
GD	three days earlier	-1.56%	final price
GD	five days earlier	-1.12%	final price
iShares S&P GSCI Commodity-Indexed Trust (GSG)	that day	+0.96%	final price
iShares S&P GSCI Commodity-Indexed Trust (GSG)	the next day	+0.49%	final price
iShares S&P GSCI Commodity-Indexed Trust (GSG)	two days later	+0.44%	final price
iShares S&P GSCI Commodity-Indexed Trust (GSG)	three days later	+1.89%	final price
iShares S&P GSCI Commodity-Indexed Trust (GSG)	three days earlier	-0.77%	final price
iShares S&P GSCI Commodity-Indexed Trust (GSG)	five days earlier	-1.76%	final price
HII	that day	-2.41%	final price
HII	the next day	+0.16%	final price
HII	two days later	+1.23%	final price
HII	three days later	+2.87%	final price
HII	three days earlier	+0.38%	final price
HII	five days earlier	-0.10%	final price

UGA

SPY

XLI

Who collects and who pays in defense

Companies tied to this story

UGA United States Gasoline Fund
For “John Healey warned that tax raid on shops will stoke inflation,” United States Gasoline Fund (UGA) is linked, with no stored direction, medium confidence. Reason on file: Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations
GSG iShares S&P GSCI Commodity-Indexed Trust
For “John Healey warned that tax raid on shops will stoke inflation,” iShares S&P GSCI Commodity-Indexed Trust (GSG) is linked, with no stored direction, medium confidence. Reason on file: Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations
DBA Invesco Db Agriculture Fund
Invesco Db Agriculture Fund (DBA) is linked, with no stored direction, medium confidence in the 13 Oct 2026 story “John Healey warned that tax raid on shops will stoke inflation.” Reason on file: Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations
MOO Vaneck Etf Trust
Vaneck Etf Trust (MOO) is linked, with no stored direction, medium confidence in the 13 Oct 2026 story “John Healey warned that tax raid on shops will stoke inflation.” Reason on file: Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations
XME Spdr Series Trust
For “John Healey warned that tax raid on shops will stoke inflation,” Spdr Series Trust (XME) is linked, with no stored direction, medium confidence. Reason on file: Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations
XLY Select Sector Spdr Tr
In “John Healey warned that tax raid on shops will stoke inflation,” Select Sector Spdr Tr (XLY) is linked, with no stored direction, medium confidence. Reason on file: Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations
IWM Ishares Tr
Ishares Tr (IWM) is linked, with no stored direction, medium confidence in the 13 Oct 2026 story “John Healey warned that tax raid on shops will stoke inflation.” Reason on file: Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations
HYG Ishares Tr
In “John Healey warned that tax raid on shops will stoke inflation,” Ishares Tr (HYG) is linked, with no stored direction, medium confidence. Reason on file: Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations

How defense news reaches United States Gasoline Fund (UGA)

United States Gasoline Fund (UGA) is the company in “John Healey warned that tax raid on shops will stoke inflation,” the 13 Oct 2026 Defense story.

What ties United States Gasoline Fund (UGA) to the headline is this: Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations

A second company, iShares S&P GSCI Commodity-Indexed Trust (GSG), is listed for a different reason: Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations

Dates and price levels for United States Gasoline Fund (UGA)

DBA traded between 27.85 and 28.86 across 20 sessions. The latest close on file is 28.19. GSG traded between 35.09 and 37.22 across 10 sessions. The latest close on file is 37.04. UGA traded between 140.00 and 152.81 across 20 sessions. The latest close on file is 143.49.

The defense score for United States Gasoline Fund (UGA)

46 out of 100

“John Healey warned that tax raid on shops will stoke inflation” scores 46 out of 100. The score uses 1 sources, and 19 linked companies.