Rentokil set for demotion from FTSE 100

Housebuilder Taylor Wimpey and pest control firm Rentokil Initial were today facing the boot from London’s FTSE 100 Index.

Directories company Yell, publisher of Yellow Pages, is also in line for demotion when the quarterly review of London’s blue-chip index takes place, based on market valuations at the close of trading on Tuesday.