EasyJet to rebuff bid to oust Rake by airline founder

Press Association
Updated
Sir Michael Rake and Sir Stelios Haji-Ioannou
Sir Michael Rake and Sir Stelios Haji-Ioannou

EasyJet is set to rebuff an attempt by the low cost airline's founder Sir Stelios Haji-Ioannou to oust Sir Michael Rake as chairman.


At a shareholder meeting on Monday, Sir Stelios will present a resolution to eject Sir Michael, who is also deputy chairman of Barclays, in the wake of the Libor-rigging scandal that sent shockwaves through the British banking giant.

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