If only...
Be glad you didn't buy
National Grid (LSE: NG) is a multinational electricity and gas utility business headquartered in Warwick. The firm's shares spiked in May last year as it reported adjusted pre-tax profits of £4.7bn in the year to 31 March, a 14% increase from the year before and ahead of analysts' expectations. National Grid also announced that it had invested a record £4.5bn in the UK's gas and electricity networks. Despite this, the firm's share price has collapsed by 23% over the past six months due to rising political risk and uncertainty over the regulatory regime.
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