National Grid Share News (NG.)

National Grid reports strong year but warns of lower EPS

(Sharecast News) - National Grid reported a positive full-year financial performance on Thursday, but warned of lower earnings going forward as a result of regulatory changes in the UK.

TOP NEWS: National Grid ups dividend on revenue and profit jumps

(Alliance News) - National Grid PLC on Thursday lifted its annual dividend as profit and revenue surged, but warned its earnings per share is set to fall next year.

Sunday newspaper round-up: Tesco, National Grid, Morrisons

(Sharecast News) - Tesco's pension fund lost £9bn in value and fell into a deficit after multiple safe investments went sour. In particular, the fund is heavily exposed to so-called Liability Driven Investments. Those LDIs came unstuck in 2022 following a sharp rise in interest rates that left pension funds nursing heavy losses. Yet the grocer had no plans to pay more into the pension plan with a spokesman saying that the scheme was "in a strong position", "well-funded" and employing a different measure for estimating contributions then it was in fact "in surplus". - The Financial Mail on Sunday

UK earnings, trading statements calendar - next 7 days

UK stocks slide ahead of U.S. inflation data, BoE meet

IAG closes at over a two-month high

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London stocks gain ahead of Fed rate decision; Lloyds drags

Coca Cola HBC AG rises on upbeat forecast

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FTSE 100 bounces on energy boost, outpaces European peers in April

FTSE indexes end April higher; outperform STOXX

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Shell pulls out of large carbon capture project in northern England

LONDON, April 25 (Reuters) - Shell has decided to pull out of the Northern Endurance Partnership, one of Britain's largest carbon capture and storage (CCS) projects aimed at decarbonising industrial clusters.

Sunday newspaper round-up: Inflation, National Grid, Rolls Royce

(Sharecast News) - Former Bank of England chief economist, Andy Haldane, believes that it is "pretty much nailed on" that inflation will halve over the next six months as energy price increases slow down. But in remarks to Sky News, Haldane cautioned that hikes in Bank Rate had yet to impact borrowing costs for many borrowers, especially those on fixed-rate mortgages. "The effects of the tightening so far haven't been fully felt. That would give me cause for pause. I'd think, hang on, the economy is still on unsteady legs right now. Much of the tightening that has already happened hasn't hit people's bank accounts. Perhaps now is the time to press the pause button and see what happens." - Guardian

LONDON BROKER RATINGS: Deutsche Bank cuts Severn Trent to 'hold'

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

TRADING UPDATES: Manolete Partners reports record new case investments

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

LONDON BROKER RATINGS: Jefferies raises Direct Line; BoA cuts boohoo

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

LONDON BROKER RATINGS: Stifel likes Ryanair but not On The Beach

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

Britain has enough gas for summer demand, National Gas Transmission says

LONDON, April 18 (Reuters) - Britain will have sufficient gas supply to meet demand from April to September and is expected to sustain flows to Europe, the UK's National Gas Transmission company said on Tuesday.

Prices mixed on cooler weather and strong LNG arrivals

LONDON, April 18 (Reuters) - British and Dutch wholesale gas prices were mixed on Tuesday as strong arrivals of liquefied natural gas (LNG) reduced the impact of cooler weather forecast for this week and next.