EasyJet has flown into the UK’s top stock market index while a top mining firm has drilled further down into the rankings after its boss was ousted, in the latest FTSE reshuffle.
The low-cost airline secured a place in the FTSE 100 index of top UK-listed companies after seeing its shares jump by 30% over the past six months.
It will join on March 18 following the quarterly review of the FTSE indices, according to analytics group FTSE Russell.
EasyJet’s stronger share price performance has come alongside an ongoing post-Covid-19 travel resurgence.
Consumers still appear to be ring-fencing chunks of disposable income to spend on airfares, seat upgrades and treats on board, with the desire to travel higher up wish-lists than home purchases like furniture and TVs
Susannah Streeter, Hargreaves…
