National Grid Share Price on 4 December 2025: Ofgem’s £28bn Grid Upgrade, 6.12% Returns and What It All Means for NG and NGG Investors
Updated: 4 December 2025 National Grid’s share price is back in focus today as the UK energy regulator Ofgem signs off a huge £28 billion funding package for Britain’s gas and electricity networks and confirms key parameters for the next transmission price-control period (RIIO‑T3). Together with strong half‑year results, a new CEO and fresh AI initiatives in the US, the stock sits near its 12‑month highs – but with clear risks and only modest upside in most analyst models. Reuters+2Financial Times+2 This article pulls together the latest National Grid share price data, today’s regulatory news, analyst forecasts and technical signals as