The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksMoneysupermarket.Com Share News (MONY)

Share Price Information for Moneysupermarket.Com (MONY)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 231.20
Bid: 231.00
Ask: 231.80
Change: -1.20 (-0.52%)
Spread: 0.80 (0.346%)
Open: 236.20
High: 237.60
Low: 229.60
Prev. Close: 232.40
MONY Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Comparison websites accused of hiding best energy deals

Mon, 20th Oct 2014 10:53

Five of the biggest energy comparison websites are hiding their best deals, The Big Deal has claimed.The company, itself an energy comparison website, alleged that it has found evidence that all the major price comparison websites hide the cheapest deal from customers.Angela Knight, the chief executive of Energy UK, said: "Comparison sites should not benefit from limiting options to customers. Not disclosing commission and not advertising the full array of deals on offer undermines the industry's work to be more up-front with customers."Switching energy supplier is a good way to save money on gas and electricity and comparison sites are a great way to help customers do this. The energy industry is committed to transparency and we expect others in the energy supply chain to do the same.""You won't like what we found," says Big DealThe Big Deal claimed websites use a mechanism to hide deals where they ask users if they want to see deals they can switch to "today" or "now". It said clicking "Yes" filters out all deals which do not earn the price comparison site a commission from the energy company and said that "often these deals are the cheapest"."We also believe this research shows these sites may be breaking EU consumer protection law. We've written to the five biggest sites - Compare the Market, Go Compare, Uswitch, Moneysupermarket and Confused - asking that they stop this activity," The Big Deal said."We've also asked government to take action, the Competition and Markets Authority to expand their inquiry into the energy market to include these sites and the EU Competition Commission to investigate their actions."The group said it had spent 13 weeks looking at the websites and have taken more than 200 screenshots of the alleged tactics.Consumer confidence codeAll five of the accused websites say they follow regulator Ofgem's consumer confidence code, which is being updated."Customers have the clear option to compare plans across the whole energy market on our site," said Uswitch. "We do not pre-select a default answer when giving them this choice, nor do we in any way influence what they should select."It added that it was "fully supportive of Ofgem's decision to strengthen the code".Comparethemarket.com pointed out that suppliers sometimes stipulate which tariffs they wish to sell on price comparison websites, while Moneysupermarket.com insisted its option for customers to filter results to only see products they can buy through the site is "necessary" and displayed "clearly and prominently".Confused.com said its consumers are able to view every available tariff on the market and explained that "some suppliers do not make certain tariffs available through comparison sites, so we give customers the option to exclude these from the results"."Highly orchestrated PR campaign" Gocompare.com lambasted The Big Deal's claims as "a highly orchestrated PR campaign being run by a company with a vested interest in moving customers away from comparison sites to their own collective switching model".It continued: "The Big Deal also makes its money by being paid a commission by the energy supplier to which its customers switch. The main difference being that The Big Deal only shows people a tariff from one provider, whereas Gocompare.com, for example, lets people see over 150 tariffs from across the market."The Big Deal is being very selective in the information it chooses to highlight in its report. For example, it conveniently fails to mention that on every single date researched by The Big Deal in October, Gocompare.com displayed the same cheapest tariff in every region they studied whether the customer had selected to see 'all deals' or just the ones to which they could switch via Gocompare.com. As this is the crux of The Big Deal's criticism of comparison sites, this is a very important omission."
More News
6 Oct 2022 10:46

LONDON BROKER RATINGS: Berenberg cuts Anglo American and Gem Diamonds

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning:

Read more
2 Oct 2022 16:23

Sunday newspaper round-up: British Steel, Takeovers, Credit Suisse

(Sharecast News) - Jingye Group, the Chinese outfit that brought British Steel out of insolvency in 2020, has told ministers that its two blast furnaces would not be viable unless financial support from taxpayers was forthcoming. In remarks to Sky News, insiders said the company may need "hundreds of millions of pounds" in order to keep the company's blast furnaces in Scunthorpe, north Lincolnshire, operational. It remained nevertheless unclear whether the rescue package would take the form of a grant or loan. - Sunday Telegraph

Read more
28 Sep 2022 09:31

CORRECT (Sep 26): Moneysupermarket.com hires Niall McBride as new CFO

(Correcting a reference to the new CFO's name to McBride.)

Read more
28 Sep 2022 09:28

CORRECT (Oct 26): Moneysupermarket.com hires Niall McBride as new CFO

(Correcting a reference to the new CFO's name to McBride.)

Read more
26 Sep 2022 09:45

Moneysupermarket.com hires Ocado Retail's Niall McBride as new CFO

(Alliance News) - Moneysupermarket.com Group PLC on Monday said it has hired Niall McBride as chief financial officer, subject to regulatory approval.

Read more
26 Sep 2022 07:51

Moneysupermarket poaches new CFO McBride from Ocado Retail

(Sharecast News) - Moneysupermarket.com said on Monday that it has appointed Niall McBride as its new chief financial officer.

Read more
26 Sep 2022 07:47

LONDON BRIEFING: Unilever CEO to step down; RPS backs new takeover bid

(Alliance News) - All eyes will be on the pound when traders in Europe return to desks on Monday, after the UK currency fell to an all-time low during the Asian session.

Read more
8 Sep 2022 16:56

LONDON MARKET CLOSE: FTSE regains poise despite ECB, hawkish Powell

(Alliance News) - Stocks in Europe largely overcame some early afternoon weakness to end higher on Thursday, after the European Central Bank enacted a historic interest rate hike.

Read more
26 Aug 2022 15:50

UK dividends calendar - next 7 days

Monday 29 August 
Ecofin US Renewables Infrastructure Trust PLCdividend payment date
Tuesday 30 August 
JPMorgan Global Core Real Assets Ltddividend payment date
Scottish Investment Trust PLCdividend payment date
Wednesday 31 August 
AEW UK REIT PLCdividend payment date
Anglo Pacific Group PLCdividend payment date
Bankers Investment Trust PLCdividend payment date
City of London Investment Trust PLCdividend payment date
Custodian REIT PLCdividend payment date
Ecofin Global Utilities & Infrastructure Trust PLCdividend payment date
Henderson International Income Trust PLCdividend payment date
Jupiter Fund Management PLCdividend payment date
Picton Property Income Ltddividend payment date
Polar Capital Global Financials Trust PLCdividend payment date
Polar Capital Global Healthcare Trust PLCdividend payment date
UK Commercial Property REIT Ltddividend payment date
UK Commercial Property REIT Ltdspecial dividend date
Thursday 1 September 
abrdn Equity Income Trust PLCex-dividend date
Admiral Group PLCex-dividend date
Admiral Group PLCspecial dividend date
Antofagasta PLCex-dividend date
Apax Global Alpha Ltdex-dividend date
BlackRock Income & Growth Investment Trust PLCdividend payment date
BlackRock World Mining Trust PLCex-dividend date
Centamin PLCex-dividend date
Clarkson PLCex-dividend date
CT UK Capital & Income Investment Trust PLCex-dividend date
Diversified Energy Co PLCex-dividend date
Downing Renewables & Infrastructure Trust PLCex-dividend date
Genuit Group PLCex-dividend date
Glencore PLCex-dividend date
Hochschild Mining PLCex-dividend date
Inspecs Group PLCex-dividend date
InterContinental Hotels Group PLCex-dividend date
International Personal Finance PLCex-dividend date
Invesco Perpetual UK Smaller Companies Investment Trust PLCex-dividend date
JLEN Environmental Assets Group Ltdex-dividend date
JPMorgan American Investment Trust PLCex-dividend date
JPMorgan China Growth & Income PLCdividend payment date
JPMorgan Claverhouse Investment Trust PLCdividend payment date
JPMorgan Global Growth & Income PLCex-dividend date
Knights Group Holdings PLCex-dividend date
LondonMetric Property PLCex-dividend date
Me Group International PLCspecial dividend date
Miton UK Microcap Trust PLCex-dividend date
Momentum Multi-Asset Value Trust PLCex-dividend date
PageGroup PLCex-dividend date
PageGroup PLCspecial dividend date
PayPoint PLCex-dividend date
Premier Miton Global Renewables Trust PLCex-dividend date
ProCook Group PLCex-dividend date
Quilter PLCex-dividend date
Redde Northgate PLCex-dividend date
Regional REIT Ltdex-dividend date
RM Infrastructure Income PLCex-dividend date
Robert Walters PLCex-dividend date
Savills PLCex-dividend date
SDCL Energy Efficiency Income Trust PLCex-dividend date
TClarke plcex-dividend date
UK Commercial Property REIT Ltdspecial dividend date
Unilever PLCdividend payment date
Utilico Emerging Markets Trust PLCex-dividend date
Friday 2 September 
Avon Protection PLCdividend payment date
Bellevue Healthcare Trust PLCdividend payment date
Cranswick PLCdividend payment date
Empiric Student Property PLCdividend payment date
Inchcape PLCdividend payment date
Iomart Group PLCdividend payment date
Just Group PLCdividend payment date
Lancashire Holdings Ltddividend payment date
MoneySupermarket.com PLCdividend payment date
NewRiver REIT PLCdividend payment date
  
Copyright 2022 Alliance News Limited. All Rights Reserved.

Read more
22 Jul 2022 09:33

LONDON BROKER RATINGS: Morgan Stanley cuts S4 Capital and raises Wise

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:

Read more
21 Jul 2022 17:08

LONDON MARKET CLOSE: Stocks rise; ECB supersizes interest rate hike

(Alliance News) - Stocks in London ended higher on Thursday as investors digested another raft of corporate earnings, while the European Central Bank surprised markets with an aggressive rate hike.

Read more
21 Jul 2022 16:12

UK dividends calendar - next 7 days

Friday 22 July  
abrdn Japan Investment Trust PLCdividend payment date
abrdn Smaller Cos Income Trust PLCdividend payment date
Airtel Africa PLCdividend payment date
Devro PLCdividend payment date
Experian PLCdividend payment date
ICG Enterprise Trust PLCdividend payment date
Impax Asset Management Group PLCdividend payment date
Land Securities Group PLCdividend payment date
Medica Group PLCdividend payment date
Personal Assets Trust PLCdividend payment date
Personal Assets Trust PLCspecial dividend date
RS Group PLCdividend payment date
RWS Holdings PLCdividend payment date
Serica Energy PLCdividend payment date
Troy Income & Growth Trust PLCdividend payment date
Urban Logistics REIT PLCdividend payment date
Monday 25 July 
PayPoint PLCdividend payment date
Tuesday 26 July 
Castings PLCspecial dividend payment
Wednesday 27 July 
Baillie Gifford China Growth Trust PLCdividend payment date
Fidelity China Special Situations PLCdividend payment date
Fuller Smith & Turner PLCdividend payment date
Thursday 28 July 
abrdn Asian Income Fund Ltdex-dividend payment date
AEW UK REIT PLCex-dividend payment date
Atrato Onsite Energy PLCex-dividend payment date
Bankers Investment Trust PLCex-dividend payment date
BlackRock Throgmorton Trust PLCex-dividend payment date
Bloomsbury Publishing PLCex-dividend payment date
Braemar Shipping Services PLCex-dividend payment date
Bytes Technology Group PLCex-dividend payment date
Bytes Technology Group PLCspecial ex-dividend date
Compass Group PLCdividend payment date
CQS Natural Resources Growth & Income PLCex-dividend payment date
CQS New City High Yield Fund Ltdex-dividend payment date
Ecofin Global Utilities & Infrastructure Trust PLCex-dividend payment date
GCP Asset Backed Income Fund Ltdex-dividend payment date
Gore Street Energy Storage Fund PLCex-dividend payment date
Greencoat Renewables PLCex-dividend payment date
Henderson Far East Income Ltdex-dividend payment date
Henderson International Income Trust PLCex-dividend payment date
Hipgnosis Songs Fund Ltdex-dividend payment date
International Biotechnology Trust PLCex-dividend payment date
MoneySupermarket.com PLCex-dividend payment date
Monks Investment Trust PLCex-dividend payment date
NewRiver REIT PLCex-dividend payment date
Nichols PLCex-dividend payment date
QinetiQ Group PLCex-dividend payment date
Quixant PLCex-dividend payment date
Redcentric PLCex-dividend payment date
RM PLCex-dividend payment date
Royal Mail PLCex-dividend payment date
Schroder Real Estate Investment Trust Ltdex-dividend payment date
Smart Metering Systems PLCdividend payment date
SME Credit Realisation Fund Ltdex-dividend payment date
SSE PLCex-dividend payment date
Triad Group PLCex-dividend payment date
  
Copyright 2022 Alliance News Limited. All Rights Reserved.

Read more
21 Jul 2022 12:19

LONDON MARKET MIDDAY: Blue-chips off before ECB; Frasers tops mid-caps

(Alliance News) - Blue-chip equities in Europe were trading mostly lower on Thursday afternoon, with pre-ECB trepidation and political turmoil in Italy damping investor mood.

Read more
21 Jul 2022 10:07

Moneysupermarket H1 performance ahead of expectations

(Sharecast News) - Moneysupermarket.com said on Thursday that its first-half performance was ahead of expectations, with a stronger return to growth in travel insurance and Travel than expected and "exceptional" trading in Money in the second quarter, driven by attractive banking products.

Read more
21 Jul 2022 09:54

Moneysupermarket rises as interim performance boosted by Money, travel

(Alliance News) - Price comparison website Moneysupermarket.com Group PLC said its half-year performance was ahead of expectations, with the travel insurance market recovering and "exceptional" trading in its Money arm.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.