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Evening Standard
Evening Standard
Alex Daniel

Moneysupermarket parent group saw energy deals surge ahead of price cap rise

Moneysupermarket Group has notched up higher profits after cheering record sales thanks to booming car and home insurance switching as customers tried to find better deals in the face of ‘exceptionally’ big cost hikes. (Moneysupermarket/PA) -

Moneysupermarket said it saw a surge in its energy and home services business as suppliers raised promotional deals in advance of prices rising again in April.

The company, which is owned by London-listed Mony Group, said the growth in deals had helped it deliver a “modest increase” in revenue from January to the end of April compared with the same point last year.

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