16

Britain’s energy watchdog gives go-ahead to initial £28bn of investment to upgrade UK energy infrastructure but reveals move will push up network charges

top 3 comments
sorted by: hot top controversial new old
[-] Zombie@feddit.uk 23 points 4 days ago

Correction:

to pay for shareholders profits

[-] mjr@infosec.pub 2 points 4 days ago

How much are shareholders extracting per year at the moment?

[-] Zombie@feddit.uk 10 points 4 days ago* (last edited 4 days ago)

At 4,961,538,207 shares of National Grid PLC available on the London Stock Exchange, and their latest half-year dividend payout of 16.35p per share, that would be £811,211,497. Or £811 million in easier terms.

Their previous full year dividend was 30.88p per share, or £1,532,122,998. Or £1.5 billion.

It fluctuates each year.

Also bare in mind each individual energy provider which also profits from infrastructure investment.

Also also bare in mind that both National Grid and the energy providers are usually multinationals with shares in more than one stock exchange.

this post was submitted on 04 Dec 2025
16 points (100.0% liked)

United Kingdom

5610 readers
156 users here now

General community for news/discussion in the UK.

Less serious posts should go in !casualuk@feddit.uk or !andfinally@feddit.uk
More serious politics should go in !uk_politics@feddit.uk.

Try not to spam the same link to multiple feddit.uk communities.
Pick the most appropriate, and put it there.

Posts should be related to UK-centric news, and should be either a link to a reputable source, or a text post on this community.

Opinion pieces are also allowed, provided they are not misleading/misrepresented/drivel, and have proper sources.

If you think "reputable news source" needs some definition, by all means start a meta thread.

Posts should be manually submitted, not by bot. Link titles should not be editorialised.

Disappointing comments will generally be left to fester in ratio, outright horrible comments will be removed.
Message the mods if you feel something really should be removed, or if a user seems to have a pattern of awful comments.

founded 2 years ago
MODERATORS