Moneysupermarket profit drops as demand for travel insurance and credit products falls February 18, 2021 Moneysupermarket, the financial services price-comparison platform, suffered a fall in profit and revenue last year as lockdown restrictions caused a drop in demand for insurance and credit products. Moneysupermarket, which also owns the advice website Moneysavingexpert, said profit after tax fell 27 per cent from £94.9m in 2019 to £69.3m last year. Group revenue was [...]
Moneysupermarket share price dips as Simon Nixon cuts stake in website and rakes in £56m May 19, 2015 Entrepreneur Simon Nixon yesterday sold off a 3.7 per cent stake in Moneysupermarket.com, the price comparison website he set up in 1999, making him £56m. The sale of 20m shares, announced yesterday by Credit Suisse, cuts Nixon’s stake in the company down to 12.8 per cent. At 280p per share, the sale netted him [...]
Moneysupermarket share price falls as 6.4 per cent share sale is scrapped March 25, 2015 Moneysupermarket.com became the biggest faller on the FTSE 250 in early trading after the sale of a 6.4 per cent stake in the business was cancelled. Shares in the business fell 5.5 per cent to 270p – although they have climbed by more than a fifth this year. The insurance comparison site's founder, Simon Nixon, [...]
Moneysupermarket.com loses non-executive directors Michael Wemms and Robin Klein March 9, 2015 Moneysupermarket, the price comparison site, yesterday announced the departure of two senior directors. Michael Wemms and Robin Klein announced they would be standing down from the board at the company’s annual general meeting on 30 April. Wemms, who has been the senior independent non-executive director since the site’s listing in 2007 and chaired the company’s [...]
MoneySuperMarket invites customers to crush a car in latest stunt October 7, 2014 As far as publicity stunts go, MoneySuperMarket is getting a raft of attention at the moment with its Epic Car Insurance Car Crusher. The price comparison site is offering customers a chance to crush a real car with a giant metallic claw. The gigantic 6,000kg robotic hand crusher is available for 48 hours, until 9pm [...]
Moneysupermarket hopeful as Google agrees to search solution April 23, 2014 PRICE comparison website Moneysupermarket yesterday said that group revenues rose eight per cent in the three months to the end of March, in line with expectations. However revenue from online insurance sales was flat in the first quarter, with visitor numbers down four per cent compared to the same quarter last year. A penalty applied [...]
Moneysupermarket’s founder pockets £108m more in stock sale March 17, 2014 SIMON Nixon is cashing in another £108m of shares in Moneysupermarket, the price comparison website he co-founded, the firm announced yesterday. The entrepreneur has already made around £300m from previous share sales. This new sale of 55m shares represents a 10 per cent stake in the business and will leave him holding just short of 20 [...]
Tory MoneySupermarket Budget is the best foil to Labour’s Wonga economics March 17, 2014 AHEAD of the last Budget before the 2015 election, Britain’s political battle lines are being carved out. Voters will be tempted by alternative menus combining less debt, higher spending and lower taxes. Since no party can credibly offer more than two of the three, the Conservatives’ best chance of winning is to demonstrate that trimming [...]
Moneysupermarket makes more despite tough times for savers March 4, 2014 MONEYSUPERMARKET has made its investors richer after strong trading in the last year. Revenues rose 10 per cent to £225.6m while earnings jumped 26 per cent to £84m. Profits after tax were up 40 per cent to £34.7m. Travel comparisons and home services were proving particularly popular, the firm said yesterday. Moneysavingexpert, the site set [...]
MoneySuperMarket names new chairman Bruce Carnegie-Brown January 23, 2014 BRUCE Carnegie-Brown is set to replace Gerald Corbett as the chairman of MoneySuperMarket, the company announced yesterday. Carnegie-Brown has been a part of the company, which helps customers to compare prices on a range of products and services, since April 2010 as a non-executive and has chaired the remuneration committee since January last year. “I [...]