TUI Travel has lost its place in the FTSE’s UK top 100 companies after a 6% fall in the company’s share price over the last quarter.
The quarterly review of companies will see food ingredients giant Tate & Lyle jump into its place.
TUI’s share price fall has been the result of unrest in key holiday destinations like Egypt and Tunisia plus high fuel costs and ash cloud disruption.
Meanwhile, Tate & Lyle has seen stdy growth since the previous quarterly review in March.
by DInah Hatch
