National Grid profits rise as investment ramps up
15th May 2025 07:42
(Sharecast News) - National Grid reported a 20% rise in both statutory and underlying pre-tax profit for the year ended 31 March on Thursday, as strong regulated performance, particularly in New York, offset the dilutive impact of a recent rights issue.
Read moreFriday newspaper round-up: Harrods, USD1, European ETFs
2nd May 2025 06:38
(Sharecast News) - Staff at the Co-op have been ordered to keep their cameras on during remote meetings to verify attendees while Marks & Spencer has halted all recruitment as the companies tackle cyber attacks. Both retailers have had to shut down parts of their IT systems after hackers infiltrated their networks with alleged ransomware attacks. Harrods, the luxury London department store, became the third household name to confirm it had fallen victim to cyber criminals on Thursday. - The Times
Read moreNational Grid CEO to leave after 10 years
1st May 2025 07:40
(Sharecast News) - National Grid has announced that chief executive John Pettigrew is to leave the role after nearly a decade as head of the utilities company.
Read moreNational Grid files joint proposal with New York Public Service Commission
28th Apr 2025 09:10
(Sharecast News) - Utility company National Grid has filed a joint proposal with the New York Public Service Commission for its Upstate New York electric and natural gas distribution business Niagara Mohawk Power Corporation.
Read moreOfgem mulls rejection of National Grid JV penalty exemption request
10th Apr 2025 07:09
(Sharecast News) - Britain's energy regulator Ofgem on Thursday said it was considering whether to reject a delay penalty exemption request for an electricity transmission joint venture between National Grid and SP Transmission.
Read moreLondon close: Stocks plummet on second day of Trump trade war
4th Apr 2025 16:09
(Sharecast News) - London markets suffered steep losses on Friday after China announced it would impose retaliatory tariffs of 34% on US imports, intensifying the ongoing trade conflict with Washington and rattling global investor sentiment.
Read moreLondon close: Stocks slide in global reaction to Trump tariffs
3rd Apr 2025 15:29
(Sharecast News) - London stocks closed sharply lower on Thursday as global markets reacted negatively to US president Donald Trump's unexpectedly aggressive global tariff policy announced overnight.
Read moreLondon close: Stocks slip as US core inflation tops forecasts
28th Mar 2025 14:40
(Sharecast News) - London stocks closed lower on Friday, as investors digested a mix of economic signals, including a surprise rise in US consumer inflation and fresh domestic data.
Read moreHeathrow had enough power capacity during outage - National Grid CEO
24th Mar 2025 09:48
(Sharecast News) - National Grid's chief executive said over the weekend Heathrow Airport had sufficient electrical capacity to remain operational during Friday's fire-related power outage, intensifying questions over the airport's decision to close for nearly 18 hours.
Read moreLondon close: Stocks turn lower, Chemring and Wood Group surge
24th Feb 2025 15:22
(Sharecast News) - London stocks ended slightly lower on Monday as investors assessed the outcome of Germany's national election and market movements driven by corporate activity.
Read moreNational Grid agrees sale of US renewables business
24th Feb 2025 07:23
(Sharecast News) - National Grid has announced the sale of its National Grid Renewables US onshore renewables business to Brookfield Asset Management and its institutional partners, including Brookfield Renewable Partners, on Monday.
Read moreLondon close: Stocks mixed as Trump reenters the Oval Office
20th Jan 2025 15:40
(Sharecast News) - London stocks ended Monday with a mixed performance as investors assessed the latest UK house price data and monitored Donald Trump's inauguration as the 47th president of the United States.
Read moreCiti upgrades National Grid to 'buy', SSE to 'neutral'
20th Jan 2025 07:47
(Sharecast News) - Citi upgraded National Grid to 'buy' from 'neutral' on Monday following a period of share price underperformance, mostly driven by macro factors and flows.
Read moreLondon close: Stocks firmer ahead of Fed decision
18th Dec 2024 16:33
(Sharecast News) - London stocks edged higher on Wednesday, buoyed an in-line UK inflation reading leading to hopes for steady monetary policy from the Bank of England.
Read moreNational Grid submits plans to invest up to £35bn in network
18th Dec 2024 07:06
(Sharecast News) - National Grid on Wednesday submitted plans to invest up to £35bn in Britain's electricity network over a five year period from April 2026.
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