LSE:CNA

National Grid shares edge higher as £70bn grid plan draws UBS caution
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National Grid shares edge higher as £70bn grid plan draws UBS caution

National Grid shares rose 1.83% to 1,253.50p/1,254.50p in late-morning London trading Tuesday, continuing a rebound after last week’s profit miss. The company plans at least £70 billion in grid investment through 2031, but faces questions over debt, valuation, and execution risk. Operating profit rose 10% to £5.43 billion, though adjusted profit missed consensus due to higher U.S. storm costs.
May 19, 2026

Stock Market Today

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