SSE cuts investment plans by £3bn as FY profits drop
21st May 2025 07:43
(Sharecast News) - Energy company SSE has cut its network investment programme by £3bn amid a "complex operating environment", as it reported a sharp drop in full-year profits.
Read moreLondon close: Stocks finish solid week on a positive note
2nd May 2025 16:15
(Sharecast News) - London stocks ended the week on a positive note on Friday, buoyed by upbeat global developments and solid US employment data.
Read moreUnite slams SSE's renewables job cuts as 'cynical'
11th Apr 2025 11:36
(Sharecast News) - The Unite union has labelled SSE's planned job cuts from its renewables division as a "cynical attempt" to raise profitability.
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 moreSSE narrows EPS guidance, maintains long-term profit expectations
2nd Apr 2025 09:21
(Sharecast News) - Energy company SSE narrowed FY adjusted earnings per share guidance on Wednesday but maintained long-term profit expectations as it looks to move ahead with its renewable energy goals.
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 moreSSE appoints chief commercial officer as new boss
28th Mar 2025 07:08
(Sharecast News) - Energy group SSE has promoted its chief commercial officer Martin Pibworth to the CEO position, replacing current boss Alistair Phillips-Davies who will formally leave the company this summer.
Read moreSSE reports solid operational performance
5th Feb 2025 07:13
(Sharecast News) - SSE said in an update on Wednesday that it expects full-year adjusted earnings per share for 2024-2025 to range between 154p and 163p, reflecting solid operational performance amid variable weather conditions in the third quarter.
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 moreUK energy firms ordered to offer 'zero' standing charges tariffs by Ofgem
12th Dec 2024 12:05
(Sharecast News) - UK energy suppliers have been ordered to offer customers a zero standing charge tariff by next winter after intense criticism of the controversial fees.
Read moreLondon close: Stocks mixed as US inflation meets forecasts
13th Nov 2024 15:00
(Sharecast News) - London stocks ended with mixed results on Wednesday, as investors assessed the latest US inflation data for October, which aligned with forecasts.
Read moreProfits fire up at SSE, chief executive to step down
13th Nov 2024 07:01
(Sharecast News) - SSE's long-standing chief executive is to stand down, the blue chip confirmed on Wednesday, as it posted a jump in half-year earnings.
Read moreLondon close: Stocks finish mixed ahead of Budget next week
25th Oct 2024 17:33
(Sharecast News) - London markets closed with mixed results on Friday as caution weighed on investor sentiment, driven by concerns over weakening consumer confidence and the forthcoming Budget.
Read moreCiti downgrades SSE to 'sell'
25th Oct 2024 09:46
(Sharecast News) - Citi downgraded SSE on Friday to 'sell' as it cited concerns about the deployment of its offshore wind fleet.
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