FTSE reshuffle ends brutal year

Institutional shareholders have today beeen betting big money on which shares are likely to be affected by tomorrow's reshuffle of the FTSE 100, 200 and other indices. Most interest will, of course, be on those companies threatened with FTSE 100 relegation. FTSE won't comment on who it expects to go down, but as of last night's closing prices Cable&Wireless, Brambles and Corus all looked certain to become defined as mid-cap players in the FTSE 250 index. Liberty, British Airways and Whitbread all looked like being moved up to blue-chip status. But the way the FT...