Financial Times FT.com

Moneysupermarket unit hit by falling demand

By Tim Bradshaw, Digital Media Correspondent

Published: August 27 2008 19:16 | Last updated: August 27 2008 19:16

Faltering demand for loans and mortgages has dragged down revenues at Moneysupermarket.com’s personal finance division over the past two months.

Reporting half-year results broadly in line with expectations on Wednesday, the price comparison site said sales at its “Money” unit had fallen by 10 per cent so far in the third quarter when compared with the same period last year.

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