British fashion stalwart Burberry is poised to add its distinctive red, black and tan check livery to the FTSE 100 index of leading shares.

It listed four years ago as part of the break-up of parent company GUS, and its move into the FTSE 100 follows Thomson Reuters’ decision to end its London listing. It is expected to move into the FTSE 100 on Thursday.

It precedes Burberry’s showing at London Fashion Week later this month.

Shares in Burberry closed on Monday at 505.5p, up 17.3p, valuing the group at £2.2 billion.