Moneysupermarket.com sets float price

Price comparison website Moneysupermarket.com could be valued at more than £1bn (€1.5bn) when the online business floats on the stock market later this month, it was announced today.

The firm has revealed the proposed price range for its shares of between 170p and 210p – valuing the group at between £845.9m (€1.25bn) and £1.04bn (€1.5bn).