National Grid share price ticks up after Massachusetts rate-case filing as UK inflation resets the mood
National Grid shares rose 0.2% to 1,192.5 pence in early London trading after a U.S. unit sought a $144 million revenue increase and a 10.25% return on equity. UK inflation climbed to 3.4% in December, above forecasts, narrowing prospects for rate cuts. Chief people officer Will Serle sold 21,800 shares for about £263,000.