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 [...]
Energy switch enquiries lift Moneysupermarket November 6, 2013 SWATHES of customers looking to switch energy suppliers boosted Moneysupermarket.com’s revenue 25 per cent in the first few weeks of October. The company, whose website helps customers to compare insurance, utilities and energy prices, reported overall revenue growth for the third quarter to 30 September of five per cent. Moneysupermarket attributed the dramatic increase in [...]
Jitters over Google competition dent Moneysupermarket shares July 31, 2013 PRICE comparison firm Moneysupermarket.com saw its share price plummet over 14 per cent yesterday, after potential competition from Google spooked investors. Seeking a slice of the lucrative UK price comparison market, the search engine giant has changed its search functions, lowering Moneysupermarket’s placement in favour of Google’s comparison site. In its half-year results, Moneysupermarket blamed [...]