LSE:NG 12 June 2026 - 4 July 2026

National Grid’s AI investment leaves stock unmoved, Ofgem review still ahead

National Grid dips in London trade after £70bn grid plan revealed

National Grid plc dropped more than the FTSE 100 on Monday, trading at 1,231p at 16:35 BST, off 1.05%. The FTSE 100 finished down 0.26%, Hargreaves Lansdown data show, after the session ended. The bigger issue for investors isn't Thursday's drop. National Grid has a £70 billion capital plan for the next five years, which is about 114% of the company’s £61.25 billion market cap, based on Hargreaves Lansdown data. That level keeps the stock exposed to funding and execution risk, even after management raised its earnings outlook.
July 6, 2026
National Grid’s AI investment leaves stock unmoved, Ofgem review still ahead

National Grid’s AI investment leaves stock unmoved, Ofgem review still ahead

London markets were closed Saturday, capping a week where National Grid plc ended little changed. The London Stock Exchange runs from 0800 to 1630 local time, Monday through Friday, so the next move for the stock will come Monday when trading returns. National Grid finished Friday at 1,244p, up 1.14%. That topped the FTSE 100, which added 0.25%. Still, shares are down 12.9% from their March 2 peak of 1,428.5p. The market isn’t fully pricing National Grid’s AI push yet.
July 4, 2026
National Grid eases after UK grid plan favors NGET for 88% of options

National Grid shares gain after Joulent AI deal stirs debate over capex impact

National Grid plc traded higher at midday in London on Friday, bucking a lower FTSE 100. The move came as investors weighed its $1.75 billion investment in supplying power to AI data centres for a second time. AJ Bell showed National Grid trading at 1,241.50p/1,242.00p, up 11.50p, or 0.94%. Volume was 1.15 million shares. Hargreaves Lansdown had the FTSE 100 at 10,620.30, down 32.57 points, or 0.31%.
July 3, 2026
FTSE 250 outpaces FTSE 100 as domestic and defence names help London market

FTSE 250 outpaces FTSE 100 as domestic and defence names help London market

FTSE 250 outperformed the FTSE 100 on Wednesday as mid-caps climbed 1.38% to their highest in a week. The FTSE 100 slipped 0.18%, weighed down by declines in healthcare and oil heavyweights. Regular London trading hours were 0800 to 1630 local, as usual. The spread suggested the trade was cleaner than the main index let on. Dollar earners in the FTSE 100 with heavy exports got hit by declines in oil and pharma. Domestic and specialist mid-caps saw buyers step in, though the Bank of England offered no signal on rate cuts.
July 1, 2026
UK power outages bring renewed attention to outage minutes as grid upgrade costs reach £89bn

UK power outages bring renewed attention to outage minutes as grid upgrade costs reach £89bn

Outage minutes in Cheltenham and Warrington, flagged by local power-cut reports, put numbers to a risk investors know in British power networks. On Tuesday, the National Energy System Operator said Britain will need around 89 billion pounds in grid investment in the 2030s—53% more than the 2024 plan. Network charges already stand at about a quarter of a typical domestic power bill. National Grid said a high-voltage line fault was reported in Cheltenham at 10:37 a.m. on June 27, hitting the GL53 area. Early local reports put 1,791 properties off supply, then a GloucestershireLive update raised that figure to 2,117. All power was back by 12:57 p.m., according to Cheltenham Times.
June 30, 2026
National Grid eases after UK grid plan favors NGET for 88% of options

National Grid eases after UK grid plan favors NGET for 88% of options

National Grid plc slipped in late trade Tuesday. Google Finance posted shares at 1,251.50p at 15:54:57 BST, down 0.24%. AJ Bell listed a sell price of 1,248.00p, off by 0.48%. Hargreaves Lansdown saw the stock down 0.40%. The FTSE 100 gained 0.31%. The pick-up for equity holders showed up in new grid files from the National Energy System Operator, not from the tape. NESO's own workbook lists NGET in 94 out of 102 options, and in 38 of 43 options NESO likes for the 2030s grid setup.)
June 30, 2026
National Grid stock climbs, £70bn grid plan exceeds market cap

National Grid stock climbs, £70bn grid plan exceeds market cap

National Grid plc added ground Monday, outpacing the broader London market. Investors continued to pile in, backing a regulated asset-growth pitch with a footprint that now outstrips the company's equity value. The stock was last seen at 1,255p, up 0.76%, at 15:02:06 BST. It traded between 1,239.5p and 1,257p so far today. The FTSE 100 slipped 0.06% on the same feed. Reuters said UK shares lost ground earlier after Middle East tensions weighed on sentiment.
June 29, 2026
National Grid rises on grid-spend talk as heatwave draws attention

National Grid rises on grid-spend talk as heatwave draws attention

National Grid plc finished the week facing a simpler question for investors than its share moves might suggest: can a regulated grid owner deliver on a capital plan that tops its own equity, with low wind and hot weather now showing how tight the power system is? The stock finished Friday at 1,245.50p, slipping 0.6% from Thursday’s 1,253.00p. Shares stayed 2.8% above last week’s 1,212.00p close, according to LSEG data on Investors Chronicle.
June 27, 2026
National Grid (LON:NG) steady; UK storage plan raises grid capex questions

National Grid (LON:NG) steady; UK storage plan raises grid capex questions

National Grid plc was flat in late trading Friday in London, quoted at 1,252.50p to sell and 1,253.50p to buy, up just 0.04%. FTSE 100 was down. For shareholders, Ofgem’s new list mattered more, with 7,645 MW of long-duration electricity storage named in the regulator’s first minded-to awards. Ofgem’s project table puts 5,100 MW—roughly two-thirds of the awarded capacity—in northern Scotland. National Grid isn't named as a sponsor. The stock link is down to congestion, connection queues, and the network investment investors hope the company can earn on.
June 26, 2026
National Grid trades up on New York grid project, sees limited earnings boost

National Grid jumps after New York line clears key test in £70 billion plan

National Grid plc was up 1.17% at 1,255.5 pence as of 1002 BST on Thursday. The FTSE 100 was 0.31% higher. Shares climbed 1.26% Wednesday. Shares climbed 2.45% from Tuesday’s close, or 30 pence higher. With 4.98 billion shares out, that move added around £1.49 billion to National Grid’s market cap. Gains stuck as the UK 10-year gilt yield ticked up 1.8 basis points to 4.7036%.
June 25, 2026
National Grid trades up on New York grid project, sees limited earnings boost

National Grid trades up on New York grid project, sees limited earnings boost

National Grid shares ticked up Wednesday after New York announced the 100-mile Smart Path Connect upgrade was done. The $438 million a year in consumer benefits the state projected doesn’t go to National Grid. The company gets paid via regulated returns from its part of the project. The stock traded 0.12% higher at 1,227p as of 1302 BST. It moved between 1,216.5p and 1,228.5p during the session, and had a market cap near £61.1 billion. Shares sat about 14% under their 52-week high. The FTSE 100 didn’t move much.
June 24, 2026
National Grid Shares Rebound 1.8% but End Volatile Week Nearly Flat

National Grid drops as high gilt yields, UK political risk weigh on shares

National Grid plc was down 0.7% at 1,203.5p in late Monday trade, trailing the FTSE 100, which added around 0.2%. The stock moved between 1,193.5p and 1,215.5p by just after midday. LSE:NG. moved with the rest of the market, with no fresh company news out. Starmer’s resignation brought fiscal policy back on the radar as the 10-year gilt yield hovered near 4.85%, still close to highs not seen since 2008. “Markets have mostly shrugged off the news,” said Ruth Gregory, deputy chief UK economist at Capital Economics, but warned that could change “if there is a tack towards a more expansive fiscal policy.”
June 22, 2026
National Grid Shares Rebound 1.8% but End Volatile Week Nearly Flat

National Grid Shares Rebound 1.8% but End Volatile Week Nearly Flat

National Grid shares staged a late-week rebound on Friday, gaining 21.5 pence to 1,212 pence while the FTSE 100 fell 0.35%. The London market is closed for the weekend. The bounce prevented a weekly decline, though it did not settle the bigger valuation argument around the utility. National Grid remains about 15% below its March 2 high of 1,428.5 pence, leaving investors to weigh its expanding regulated investment base against higher financing costs.
June 20, 2026
National Grid Shares Tick Up Amid Green Light, Gilt Yield Pressure

National Grid Shares Tick Up Amid Green Light, Gilt Yield Pressure

National Grid shares ticked up Friday, outpacing a soft London market. Investors looked at the group’s big transmission project as UK borrowing costs pushed higher. The stock regained some ground after Thursday’s drop, though the selling hasn’t fully reversed. National Grid is heading into a spending push at a time when higher gilt yields are a drag. Stronger UK government bond yields tend to dull the appeal of utility dividends and push up the discount rate investors use for future cash flow. The 10-year gilt yield moved up five basis points to 4.799% on Friday. Two-year gilts got to 4.25%. Political pressure for more public control of energy brings another layer of risk for regulated assets that’s harder to price.
June 19, 2026
National Grid Down 1.6% as FTSE 100 Falls After Bank of England Holds Rates

National Grid Down 1.6% as FTSE 100 Falls After Bank of England Holds Rates

National Grid shares dropped 1.6% to 1,197 pence at 12:54 BST Thursday. The stock opened at 1,210 and slipped to a low of 1,192.5. National Grid lagged the FTSE 100, which was off around 1%. National Grid’s latest regulatory filing was about annual performance-plan awards, not business activity. CEO Zoë Yujnovich got 24,797 shares, while CFO Andy Agg got 16,602 shares, both with retention and clawback clauses. Shares in SSE, another UK utility with a lot of networks, dropped 1.2%, which suggested the move was part of a larger sector reaction to rates, not a rethink of National Grid’s guidance.
June 18, 2026
National Grid shares slip as broker support meets FTSE weakness

National Grid shares slip as broker support meets FTSE weakness

National Grid shares fell in London on Wednesday, giving back part of the previous session’s gain as the broader UK market edged lower and investors weighed fresh broker support against the cost of the company’s heavy investment programme. The stock was down 1.23% at about 1,209 pence by 10:46 BST, while the FTSE 100 slipped 0.11%, according to Barclays price data delayed by at least 15 minutes. The move followed a 1.24% rise on Tuesday, when National Grid closed at £12.24 and outperformed a 0.61% gain in the FTSE 100.
June 17, 2026
National Grid Shares Edge Higher as Investors Weigh £70 Billion Grid Plan and Dividend Timetable

National Grid Shares Edge Higher as Investors Weigh £70 Billion Grid Plan and Dividend Timetable

National Grid plc shares edged higher in London on Tuesday, with Hargreaves Lansdown showing a bid price of 1,213.00p and offer price of 1,213.50p, up 4.00p, or 0.33%. The move was modest and lagged the broader FTSE 100, which was quoted up 0.59%, suggesting the stock’s rise was more of a defensive utility bounce than a company-specific breakout. The same data showed a market value of about £60.36 billion, a price-to-earnings ratio of 15.5 and a dividend yield of 4.0%. A price-to-earnings ratio, or P/E, compares the share price with annual earnings and is often used as a rough valuation gauge. The main reason investors are still watching National Grid closely is its heavy investment cycle. In its latest full-year
June 16, 2026
National Grid Shares Slip as Investors Weigh £70 Billion Grid Spending Plan and Dividend Timing

National Grid Shares Slip as Investors Weigh £70 Billion Grid Spending Plan and Dividend Timing

London, June 15, 2026, 11:41 BST. National Grid plc shares weakened on Monday, with the London-listed stock quoted at a 1,196.0p sell price and 1,196.5p buy price, down 13.0p, or 1.08%, while the FTSE 100 was slightly higher at the same delayed market snapshot. The move matters because National Grid is usually treated as a defensive utility: when it falls on a firmer market day, investors are often looking beyond the broad index and focusing on stock-specific issues such as valuation, dividend timing, debt and future returns on investment. Hargreaves Lansdown listed the stock on a 15.5 times price-to-earnings ratio and a 4.05% dividend yield; P/E is the share price divided by annual earnings per share, while dividend yield shows
June 15, 2026
National Grid Share Price Lags FTSE 100 as Investors Weigh £70bn Grid Plan and Debt Risk

National Grid Share Price Lags FTSE 100 as Investors Weigh £70bn Grid Plan and Debt Risk

London, June 13, 2026, 17:03. National Grid plc shares ended the latest London session almost unchanged, closing at 1,209.00p after a 1.00p gain, or 0.08%, on Friday. That was a clear lag against the wider FTSE 100, which rose 1.63%, suggesting investors were not chasing the utility stock even as the broader UK market rallied. AJ Bell data showed volume of about 9.75 million shares, a market capitalisation near £60.16 billion, and a 52-week range of 1,000.00p to 1,428.50p.
June 13, 2026
National Grid Drops After UK Grid Overhaul Weighs on £70bn Spending Plan

National Grid Drops After UK Grid Overhaul Weighs on £70bn Spending Plan

National Grid plc slipped on Friday, down 5p at 1,203p by 12:46 BST, off 0.41%. The FTSE 100 gained 1.12%. That put the utility under the London benchmark, with market cap at about £59.9 billion. Investors pushed the stock higher after signs Britain’s grid-upgrade cycle is picking up speed. The National Energy System Operator and power networks said on June 10 that they’ve given grid connection offers to over 700 shovel-ready projects, representing 37GW of capacity and supporting up to £40 billion a year in clean-energy spending. NESO Chief Operating Officer Kayte O’Neill said these offers give developers “the certainty they need to invest.” But she also noted the milestone shows just how much the network owners still have to
June 12, 2026