Northern Rock to be kicked out of FTSE 100

Crisis-hit Northern Rock will be booted out of the FTSE 100 Index on Christmas Eve under the biggest overhaul of the index since the September 11 terrorist attacks, it was confirmed today.

Crisis-hit Northern Rock will be booted out of the FTSE 100 Index on Christmas Eve under the biggest overhaul of the index since the September 11 terrorist attacks, it was confirmed today.

The beleaguered lender will be relegated to the FTSE 250 on December 24 after the Footsie’s latest quarterly review.

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