EasyJet to join FTSE 100

The promotion of low-cost airline easyJet to the FTSE 100 Index will be confirmed this week after a record run for its share price.

Luton-based easyJet is the London market’s 82nd largest company and with a value of £4bn will be large enough to earn a place among the ranks of blue-chip companies in the latest quarterly review of FTSE indices.