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| Version 1 | Version 2 |
|---|---|
| Moneysupermarket shares hit as revenues dip | Moneysupermarket shares hit as revenues dip |
| (about 5 hours later) | |
| Shares in Moneysupermarket fell more than 6% after the comparison website warned that revenues so far this year were running below last year's levels. | Shares in Moneysupermarket fell more than 6% after the comparison website warned that revenues so far this year were running below last year's levels. |
| The FTSE 250 company said this was due to customers switching less between savings and current accounts because of low interest rates. | The FTSE 250 company said this was due to customers switching less between savings and current accounts because of low interest rates. |
| The news overshadowed the 16% rise in annual profits to £73.5m that the company reported for 2016. | The news overshadowed the 16% rise in annual profits to £73.5m that the company reported for 2016. |
| Another big faller in the FTSE 250 was transport group Go-Ahead. | Another big faller in the FTSE 250 was transport group Go-Ahead. |
| Its shares dived nearly 14% after the company warned of lower-than-expected full-year profits, partly due to the disruption caused by strikes on Southern rail services. | |
| Go-Ahead owns a 65% stake in Govia Thameslink Railway (GTR), which runs the Southern rail contract. | Go-Ahead owns a 65% stake in Govia Thameslink Railway (GTR), which runs the Southern rail contract. |
| Half-year profits at Go-Ahead fell 11.7% to £67m, and the company said its results had been "significantly impacted by a reduction in rail profitability due to losses from our GTR franchise, as a result of ongoing industrial action on Southern". | Half-year profits at Go-Ahead fell 11.7% to £67m, and the company said its results had been "significantly impacted by a reduction in rail profitability due to losses from our GTR franchise, as a result of ongoing industrial action on Southern". |
| The benchmark FTSE 100 index gained ground during the afternoon after spending the morning in the doldrums. At the close, it was up 10.44 points at 7,263.44. | |
| The biggest riser in the FTSE 100 was support services group Babcock, which rose 7.1% after issuing a positive trading update. | |
| On the currency markets, the pound dipped 0.13% against the US dollar to $1.2427 and was 0.4% lower against the euro at 1.1707 euros. |