Stock Movers SSE Soars, ABN Amro Up, Taylor Wimpey Down
Nov 12, 2025
SSE's shares hit record highs following a massive £2 billion fundraising for its ambitious £33 billion grid and renewable energy project. ABN Amro's strategic move to acquire NIBC Bank for €960 million marks a significant milestone since its market return. Meanwhile, Taylor Wimpey faces challenges, reiterating guidance for 2025 due to a softer housing market and uncertainty surrounding the UK budget. Join the discussion on these critical developments reshaping the European stock landscape!
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SSE Raises £2bn To Back Major Grid And Renewables Push
- SSE will raise £2 billion to help fund a £33 billion programme focused largely on UK grid upgrades and renewables.
- Investors greeted the clarity on funding and growth positively, driving SSE shares to record highs.
ABN AMRO Buys NIBC To Expand Retail Presence
- ABN AMRO agreed to buy NIBC from Blackstone for €960 million to expand its Dutch retail footprint.
- The deal is strategic even if it delays buybacks and may take time to boost earnings.
Housing Uncertainty Hits Taylor Wimpey And Peers
- Taylor Wimpey cut guidance amid a softer housing market and uncertainty around UK budget measures affecting sales.
- The sector-wide caution hit major housebuilders as building activity contracted sharply since the pandemic.