Sunday newspaper round-up: SSE, Herd immunity, Virgin Galactic
8th Aug 2021 16:04
(Sharecast News) - The world's most powerful activist investor has secretly built a stake in energy giant SSE in a move that could lead to a £20billion takeover bid for the FTSE100-listed company. City sources said Elliott Management, which has been dubbed a 'corporate raider' for buying shares and forcing change at large companies, has recently bought a large shareholding in SSE which supplies around five million Britons with energy to their homes. - Financial Mail on Sunday
Read moreBritons face soaring energy prices after Ofgem lifts cap
6th Aug 2021 07:58
(Sharecast News) - Britons face soaring energy prices from October after energy regulator Ofgem said it was lifting the cap on default tariffs by 12-13% just as the colder months approach.
Read moreBritons face soaring energy prices after Ofgem lifts cap
6th Aug 2021 07:58
(Sharecast News) - Britons face soaring energy prices from October after energy regulator Ofgem said it was lifting the cap on default tariffs by 12-13% just as the colder months approach.
Read moreSSE sells gas network operator for £1.23bn
2nd Aug 2021 07:31
(Sharecast News) - SSE has agreed to sell its entire 33.3% stake in gas distribution operator Scotia Gas Networks (SGN) to a consortium comprising existing SGN shareholder Ontario Teachers' Pension Plan Board and Brookfield Super-Core Infrastructure Partners for £1.23bn.
Read moreSSE reports good progress in first quarter
22nd Jul 2021 07:08
(Sharecast News) - SSE said it was making good progress on disposals, construction was progressing on major projects and its was on track to submit proposals to the regulator for transmission upgrades.
Read moreTuesday broker round-up
22nd Jun 2021 12:49
(Sharecast News) - United Utilities: Deutsche Bank downgrades to hold with a target price of 1,050p.
Read moreMonday broker round-up
21st Jun 2021 13:05
(Sharecast News) - SSE: Jefferies downgrades to hold with a target price of 1,680p.
Read moreJefferies downgrades SSE to 'hold' over balance sheet concerns
21st Jun 2021 10:15
(Sharecast News) - Analysts at Jefferies downgraded Scottish energy company SSE from 'buy' to 'hold' on Monday, stating that an expected increase to capex could possibly leave the group's balance sheet somewhat stretched.
Read moreSSE ups dividend in line with inflation
26th May 2021 07:38
(Sharecast News) - SSE increased its dividend in line with inflation as the energy company reported higher annual profit and stuck to its £7.5bn investment plan.
Read moreSSE maintains earnings and dividend outlook for FY21
30th Mar 2021 07:55
(Sharecast News) - SSE maintained its earnings outlook for the year ending 31 March on Tuesday, as worsening weather conditions were offset by further clarity on the impact of Covid-19.
Read moreUK energy firms 'will have to refund' credit surpluses - Ofgem
17th Mar 2021 11:28
(Sharecast News) - UK energy firms could soon be told to hand back £1.4bn of customer credit under new rules proposed by the industry regulator Ofgem.
Read moreOfgem cuts returns from local electricity networks
11th Mar 2021 09:13
(Sharecast News) - Ofgem has cut returns for shareholders of UK local electricity networks by a third to keep prices low while requiring higher investment in greener energy.
Read moreOfgem finds 18 energy suppliers failed to adhere to price protection rules
2nd Mar 2021 12:14
(Sharecast News) - Energy regulator Ofgem found that 18 energy suppliers failed to correctly protect 1m customers' tariff prices when they decided to switch companies or tariffs.
Read moreSunday newspaper round-up: Neil Woodford, SSE, British Airways
14th Feb 2021 23:00
(Sharecast News) - Neil Woodford has broken his silence on the collapse of his investment firm and revealed he plans to start all over again in a tearful and defiant interview. Speaking publicly for the first time since his business imploded in October 2019, exclusively to The Telegraph, the fund manager said he was "very sorry for what I did wrong". But he lashed out at the administrator of Woodford Investment Management, Link Fund Solutions, and rejected widespread criticisms of his operating style. - Sunday Telegraph
Read moreUK energy watchdog lifts price cap for consumer bills
5th Feb 2021 08:22
(Sharecast News) - The UK's energy regulator is increasing its cap on consumer prices to pre-pandemic levels after a big jump in wholesale prices.
Read more