The latest FTSE 100 index shake up means that Royal Mail (LON: RMG) and ITV (LON: ITV) are being chucked out and one of the companies replacing them floated on AIM exactly 23 years before the day of the announcement of the index changes. The changes take effect on 20 June.
Centrica, the owner of British Gas, is returning to the FTSE 100. The share price had been on a downward trend since 2014, but the trend has reversed in the past two years. Centrica recently completed the $1.1bn disposal of Spirit Energy’s Norwegian oil and gas assets to Sval Energi. The decommission liabilities of £800,...
