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Easyjet and LSE promoted to FTSE 100

No-frills airline Easyjet and the London Stock Exchange are promoted to the FTSE 100 index as part of the latest quarterly review.

Low-frills airline Easyjet announces that its chairman, Sir Mike Rake, will stand down this summer.

Low-frills airline Easyjet says its losses for the first half of the year will be much lower than in 2011, as revenues continue to rise.

Easyjet founder Sir Stelios Haji-Ioannou threatens to sell more of his shares in the airline if it places an order for more aeroplanes.

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