SSE (SSE)

Sector:

Electricity Generation and Distribution

Index:

FTSE 100

1,663.00p
   
  • Change Today:
      12.50p
  • 52 Week High: 1,900.00
  • 52 Week Low: 1,508.00
  • Currency: UK Pounds
  • Shares Issued: 1,093.44m
  • Volume: 203,552
  • Market Cap: £18,184m
  • RiskGrade: 133

Prime Minister not planning to extend windfall tax to electricity generators

By Alexander Bueso

Date: Monday 11 Jul 2022

LONDON (ShareCast) - (Sharecast News) - Electricity generators will be spared from the government's tax net, a spokesman for the Prime Minister said.
When asked whether the windfall tax on oil and gas producers' profits would be expanded to include electricity generators, the spokesman told Reuters: "We would not seek to make any new policies or major fiscal decisions. So there's no plans to do that.

"We will continue to evaluate the scale of the profits and consider appropriate steps but there's no plans to introduce or extend that to that group."

As of 1308 BST, shares of SSE were trading up by 3.22% to 1,748.0p on the back of the news, while those of Drax had shot up 8.44% to 713.0p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Scottish & Southern Market Data

Currency UK Pounds
Share Price 1,663.00p
Change Today 12.50p
% Change 0.76 %
52 Week High 1,900.00
52 Week Low 1,508.00
Volume 203,552
Shares Issued 1,093.44m
Market Cap £18,184m
RiskGrade 133

Scottish & Southern Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
31.05% below the market average31.05% below the market average31.05% below the market average31.05% below the market average31.05% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Price Trend
10.27% below the market average10.27% below the market average10.27% below the market average10.27% below the market average10.27% below the market average
14.29% below the sector average14.29% below the sector average14.29% below the sector average14.29% below the sector average14.29% below the sector average
Income
40.43% above the market average40.43% above the market average40.43% above the market average40.43% above the market average40.43% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
Growth
76.05% above the market average76.05% above the market average76.05% above the market average76.05% above the market average76.05% above the market average
Sector averageSector averageSector averageSector averageSector average

What The Brokers Say

Strong Buy 6
Buy 7
Neutral 3
Sell 0
Strong Sell 0
Total 16
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Scottish & Southern Dividends

  Latest Previous
  Interim Final
Ex-Div 11-Jan-24 27-Jul-23
Paid 08-Mar-24 21-Sep-23
Amount 20.00p 67.70p

Trades for 26-Apr-2024

Time Volume / Share Price
10:14 225 @ 1,663.00p
10:14 161 @ 1,663.00p
10:14 134 @ 1,663.00p
10:13 53 @ 1,662.00p
10:11 87 @ 1,663.00p

Scottish & Southern Key Personnel

CEO Alistair Phillips-Davies

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