[an error occurred while processing this directive]
BBC News
watch One-Minute World News
Last Updated: Tuesday, 8 June, 2004, 18:47 GMT 19:47 UK
Capita set for return to FTSE 100
Congestion charge road sign
Capita has overcome its congestion charge problems
Capita, the firm that runs London's congestion charge, is set to return to the FTSE 100 index of leading UK shares

The group is expected to replace aerospace and automotive group GKN in the latest quarterly reshuffle.

The make up of the FTSE 100 is assessed every three months based on the latest market capitalisation values.

The latest reshuffle will be based on Tuesday's closing prices and formalised by the FTSE committee on Wednesday. The changes will take effect on June 21.

Improving fortunes

Capita first joined the FTSE 100 in March 2000, but dropped out of the index in June last year.

It ran into trouble after it took on the running of the capital's congestion charge and has also had some problems with its contract to run the Home Office's Criminal Record Bureau.

The company now says those difficulties are behind it.

It has recently picked up a number of contracts including ones with Dixons and children's savings group The Children's Mutual.

GKN confirms Westland stake sale
26 May 04  |  Business
Bookie is FTSE 100 thoroughbred
05 Apr 04  |  Business
GKN jobs threat as profits fall
01 Mar 04  |  Hereford/Worcs
Capita confident of new contracts
08 Dec 03  |  Business

The BBC is not responsible for the content of external internet sites


News Front Page | Africa | Americas | Asia-Pacific | Europe | Middle East | South Asia
UK | Business | Entertainment | Science/Nature | Technology | Health
Have Your Say | In Pictures | Week at a Glance | Country Profiles | In Depth | Programmes
Americas Africa Europe Middle East South Asia Asia Pacific