Deutsche Bank cuts targets for utility stocks as Labour leadership speculation rises

8th Jun 2026 09:14

(Sharecast News) - Deutsche Bank has downgraded its rating on National Grid from and lowered target prices for stocks across the UK-listed utilities sector, highlighting the risk of heightened political risk as speculation builds about a change in Labour leadership.

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SSE reiterates medium-term targets as FY earnings top guidance

28th May 2026 07:05

(Sharecast News) - Utilities provider SSE reported a small decline in annual profits but adjusted earnings above the upper end of guidance, delivering an upbeat outlook following a record year for capital investment.

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UK energy shares fall as Reeves mulls delinking gas, electricity prices

17th Apr 2026 08:58

(Sharecast News) - Shares in UK utilities fell on Friday after the government said it could cut the link between electricity and gas prices.

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SSE forecasts dip in earnings, investment plans on track

4th Feb 2026 07:40

(Sharecast News) - SSE forecast a dip in annual earnings on Wednesday, as mixed weather conditions offset an otherwise robust operational performance.

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SSE secures 20-year contract win in UK's Contracts for Difference Allocation Round

14th Jan 2026 07:52

(Sharecast News) - Energy firm SSE has successfully secured a 20-year contract for 1.4 gigawatts of low carbon offshore wind power from Phase B of its Berwick Bank Wind Farm project in the UK's seventh Contracts for Difference Allocation Round.

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Ofgem approves £28bn package for energy transmission networks

4th Dec 2025 11:04

(Sharecast News) - Ofgem approved a £28bn funding package for Britain's gas and electricity networks for the RIIO-3 price control period on Thursday, prompting cautious initial responses from network operators National Grid and SSE's SSEN Transmission.

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Broker tips: SSE, QinetiQ

14th Nov 2025 13:15

(Sharecast News) - Citi downgraded SSE on Friday to 'sell' from 'neutral' and cut the price target to 1,997p.

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Citi downgrades SSE to 'sell'

14th Nov 2025 09:50

(Sharecast News) - Citi downgraded SSE on Friday to 'sell' from 'neutral' and cut the price target to 1,997p.

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SSE to bolster electricity networks in £33bn investment plan

12th Nov 2025 07:01

(Sharecast News) - SSE is to spend billions on the UK's electricity network, the FTSE 100 firm announced on Wednesday, as it unveiled a "transformational" five-year investment plan alongside interim results.

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SSE mulls fundraising options - report

10th Nov 2025 07:45

(Sharecast News) - Power generator and network operator SSE is reportedly mulling various funding options, as it looks to bolster its balance sheet and fund grid spending.

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SSE points to sharp drop in half-year earnings

2nd Oct 2025 07:59

(Sharecast News) - Perth-based energy company SSE said it expects first-half profits to fall by up to a third, but is guiding to growth over the full year with the majority of annual earnings being delivered in the second half.

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SSE reaches final investment decision on Platin power station

17th Jul 2025 07:01

(Sharecast News) - Multinational energy company SSE said on Thursday that a final investment decision has been taken to build its Platin power station in County Meath.

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London close: Stocks finish choppy Tuesday session higher

1st Jul 2025 17:47

(Sharecast News) - London stocks ended higher on Tuesday, recovering from earlier losses as investors grew more optimistic about progress in US trade negotiations.

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Ofgem £24bn investment plan draws mixed industry response

1st Jul 2025 07:10

(Sharecast News) - Ofgem announced the provisional approval of £24bn in funding to upgrade Britain's energy infrastructure on Tuesday, in a major step toward securing energy supply and enabling the transition to cleaner power.

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London close: Stocks finish lower amid Middle East jitters

23rd Jun 2025 17:44

(Sharecast News) - London stocks ended slightly lower on Monday following a day of choppy trading, as investors took a cautious stance ahead of Iran's expected response to weekend US strikes on its nuclear facilities.

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