One year on from the fall of Northern Rock the top ten UK companies now represent a bigger portion of...
One year on from the fall of Northern Rock the top ten UK companies now represent a bigger portion of the FTSE 100’s overall value. Fidelity research shows the top ten companies by market value accounted for 45% of the FTSE 100 before but that figure has risen to 49% today. Barclays, HBOS and RBS have fallen out of the top ten, leaving only HSBC in the top decile of the UK's benchmark index. Natural resources groups BG, BHP Billiton and Rio Tinto have switched with the three banks during the crunch. The banking sector overall has been reduced from 20% of the FTSE 100 a year ago to 16...
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