FTSE Russell

Treasury written question – answered on 10th September 2018.

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Photo of Bill Wiggin Bill Wiggin Chair, Committee of Selection, Chair, Selection Committee

To ask the Chancellor of the Exchequer, whether he is aware of the role of the policy advisory board of the London Stock Exchange subsidiary FTSE-Russell in advising which companies are assigned UK nationality and therefore qualify for inclusion in the FTSE 100; and if he will make a statement.

Photo of Bill Wiggin Bill Wiggin Chair, Committee of Selection, Chair, Selection Committee

To ask the Chancellor of the Exchequer, whether he has asked the London Stock Exchange for the names of the members of the policy advisory board of FTSE-Russell.

Photo of John Glen John Glen Minister of State (Treasury) (City), The Economic Secretary to the Treasury

FTSE Russell’s methodology, including nationality requirements, for inclusion in the FTSE 100 is available at (http://www.ftse.com/products/downloads/FTSE_UK_Index_Series.pdf).

Treasury Ministers and officials have meetings with a wide variety of organisations in the public and private sectors, including the London Stock Exchange, as part of the process of policy development and delivery. Details of ministerial and permanent secretary meetings with external organisations on departmental business are published on a quarterly basis and are available at: https://www.gov.uk/government/collections/hmt-ministers-meetings-hospitality-gifts-and-overseas-travel

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