FTSE Russell has confirmed the latest quarterly index reshuffle with the only surprise being Halfords missing out on a move back to the FTSE 250 after its untimely profit warning yesterday.
Private-equity fund manager Intermediate Capital will join the blue-chip FTSE 100 index, while Hargreaves Lansdown drops down to the FTSE 250.
Also joining the midcap index will be electronics retailer AO World, investment trust Asia Dragon, gold and silver miner Hochschild, PPHE Hotel Group, consumer reviews platform Trustpilot, and oil and gas explorer Tullow.
Leaving the FTSE 250 will be recently listed CAB Payments, William Hill-owner 888, electrolyser firm Ceres Power, landlord CLS Holdings, fibre infrastructure investor Digital 9, and fund manager Liontrust.
The changes will take effect on its UK indices from the market open on Monday, December 18.