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 at Luton Airport today, 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. Sir Stelios, who with other members of his family controls 37.5 per cent of EasyJet, first expressed concern about Sir Michael's position when it emerged he was a potential candidate to take over as Barclays chairman after Marcus Agius stepped down following the rate-fixing affair. Sir Michael ruled himself out and the role was filled on Thursday by Sir David Walker, but Sir Stelios has remained opposed to Sir Michael's position.