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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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.

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London 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.

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Unite 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.

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London 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.

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London 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.

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SSE 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.

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London 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.

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SSE 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.

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SSE 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.

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Citi 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.

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UK 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.

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London 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.

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