FTSE 100 news and archive

Burberry facing possible FTSE 100 Index exit amid share slump

Luxury label Burberry could be taken off the FTSE 100 Index amid an ongoing share slump that has seen impact from a wider global slowdown in the high-end sector and a wavering brand revamp. Ahead of the index’s quarterly announcement regarding provisional changes, due to be published August 27, Burberry sits at 140th place on the index with a...

Business

Marks & Spencer returns to FTSE 100 as share price surges

British department store retailer Marks & Spencer has returned to the FTSE 100 index for the first time in four years after its shares began to surge. This year, the company’s share price has risen beyond 75 percent following a series of store revamps and investments in certain regions of the UK. The retailer’s chief executive Stuart Machin told...

Business

Frasers Group to return to FTSE 100 after six years

Frasers Group has announced its intention to return to the Financial Times Stock Exchange (FTSE) 100 Index after its six year absence. In a release, the retail conglomerate said it would be removed from the FTSE 250 Index and make its transition from September 13. The group will be taking the place of aerospace company Meggitt following its...

BusinessFeatured

FTSE 100 firms need to 'urgently step up' carbon reduction strategies

More than 85 percent of the UK’s top 100 companies do not have sufficient carbon reduction strategies, according to the FTSE 100 Sustainability leaderboard and report. Published for its 9th consecutive year by carbon strategy consulting firm EcoAct, the report reveals that while 81 percent of the FTSE 100 companies have some sort of emissions...

Business

Marks & Spencer falls off FTSE 100 for first time

Marks & Spencer is to be demoted from the FTSE 100 for the first time since the list of the UK’s biggest companies was launched in 1984. The British fashion and food giant will drop off the list after its market value fell below the threshold for inclusion based on the closing price of its stock on Tuesday. The official announcement was made on...

Business |ANALYSIS

Marks & Spencer escapes fall from FTSE 100 ‘in extremis’

Marks & Spencer escaped demotion from the British benchmark index by a whisker. The retailer faced the risk of demotion from the FTSE 100 for the first time since the index was formed over 30 years ago. Mark & Spencer, whose shares are down 5.5 percent this year with a market cap of 4.86 billion pounds, escaped demotion from the index in the...