National Grid share price drops nearly 3% as NG.L retreats after £70bn investment plan
National Grid shares fell 2.8% to 1,361.5 pence in early London trading Tuesday, tracking a wider drop in European utilities. The decline followed the company’s announcement of an upgraded five-year investment plan and acceptance of Ofgem’s RIIO-T3 price control. Investors await full-year results on May 14 for more detail on funding and dividends.