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Support services group Capita has moved back into the FTSE 100 index of blue chip stocks. They replace engineering concern GKN who has seen a drop in its share price of nearly 9% since March.

Capita has been one of the main beneficiaries of the move towards outsourcing, particularly from the Public Sector. Their blue riband contract is the collection of the London Congestion Charge. They have extensive contracts in health, education, revenues, benefits and Central Government.

Capita automatically qualified for the FTSE 100 because its market capitalisation was equal to or greater than the 90th largest stock.

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