Drax Share News (DRX)

UK's National Grid cancels standby notices for two coal units despite cold snap

LONDON, Dec 12 (Reuters) - Britain's National Grid on Monday cancelled standby notices for two coal units of Drax Group, a few hours after issuing the requests, as a cold snap gripped the country but high nuclear output and wind speeds reduced the chance of energy shortages.

UK's National Grid cancels standby notice for two coal units

Dec 12 (Reuters) - Britain's National Grid cancelled standby notices for Drax Group's two coal units on Monday, according to Elexon's website.

Coal-fired plants put on standby as cold snap intensifies

(Sharecast News) - National Grid has ordered two coal-fired generators be readied for use after temperatures plunged across the UK.

LONDON BROKER RATINGS: JPMorgan cuts Travis Perkins; BofA likes IAG

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning:

Rotork names former Drax CEO Dorothy Thompson as next chair

(Alliance News) - Rotork PLC Thursday said it appointed Dorothy Thompson as independent non-executive director & chair designate.

LONDON BROKER RATINGS: Credit Suisse cuts Vodafone; Citi likes BP

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning:

LONDON BROKER RATINGS: Panmure and Goldman Sachs cut boohoo from 'buy'

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday:

LONDON BRIEFING: Compass and Virgin Money announce new share buybacks

(Alliance News) - Covid-19 worries in China have damped market sentiment at the start of the week.

Sector movers: Power generators boosted by Autumn Statement, Oil and Gas drag

(Sharecast News) - Interest rate sensitive construction and utilities shares paced gains at the end of the week following the Chancellor's well-received Autumn Statement the day before.

Barclays sees 'compelling value' in UK utilities after Budget clarity

(Sharecast News) - Barclays said on Friday that the "energy tax overhang" was gone, as it welcomed the clarity brought by Chancellor Jeremy Hunt's announcement on windfall taxes in this week's Autumn Statement.

LONDON BROKER RATINGS: Goldman Sachs raises Tritax Big Box to 'buy'

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning:

UK hits power firms with windfall tax, hikes oil company levy

Windfall tax on oil and gas companies rises to 35%

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Miners drag Europe's STOXX 600 lower; German shares rise after Siemens' profit beat

German DAX index outperforms

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UK shares slip after Hunt's new budget raises taxes, squeezes spending

Jeremy Hunt hikes taxes, squeezes spending

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LONDON MARKET CLOSE: FTSE 100 ends lower despite post-budget rebound

(Alliance News) - London's FTSE 100 made a stellar recovery in the final hours of trading after suffering early afternoon malaise in the wake of the Chancellor's autumn statement.