Moneyfacts.co.uk
 | |
| moneyfacts.co.uk | |
| Company type | Limited company |
| Industry | Price comparison |
| Founded | 2000 |
| Founder | Marcus Rudd |
| Headquarters | , |
Area served | United Kingdom |
Key people | Marcus Rudd (Managing Director) John Woods (CEO) |
| Revenue | £572k (2015)[citation needed] |
| £45k (2015) | |
| £32k (2015) | |
Number of employees | 80+[citation needed] |
| Website | moneyfacts.co.uk |
Moneyfacts.co.uk (stylised as moneyfacts.co.uk) is a personal finance website that helps people make financial decisions by independently comparing all products available from various banks, mortgage providers and insurance companies.[1] Launched in 2000, the company by 2015 had 80 employees and a turnover over £571k .[2] The website is part of the Moneyfacts Group.[3]
History
Moneyfacts.co.uk was launched in October 2000[4] as an extension of Moneyfacts Group, a financial services company known in the UK for publishing independent financial information. Its primary function was to provide a series of 'best buy charts' that gave independent comparative information about products and services being offered by banks.[5] Moneyfacts.co.uk's business model relies on banks and other providers purchasing a link next to their listing on a chart. Companies are not able to buy their way on to a chart as the charts are unbiased and therefore not affected by the advertising of banks and other providers.[6] Regarding impartiality in product listings, The Independent said of moneyfacts.co.uk "Their impartiality appears to be unquestioned".[5]
In 2013, Moneyfacts.co.uk were praised in the Sunday Times[7], which highlighted that Moneyfacts.co.uk always lists the genuine best buy products for its customers regardless of any financial arrangements with product providers, whilst other comparison websites were found to purely recommend financial products on a commercial basis.
Financial news
In May 2005 moneyfacts.co.uk began publishing news articles and providing guides designed to answer common financial questions.[8] Articles are written by Moneyfacts' in-house press team have been cited by outlets including The Daily Mail,[9] The Telegraph,[10][11], The Guardian[12] and The Financial Times.[13]
References
- ^ plc, Moneyfacts Group. "moneyfacts.co.uk | Compare Savings, Loans, Mortgages & More". www.moneyfacts.co.uk. Retrieved 2017-01-31.
- ^ "Duedil". www.duedil.com. Retrieved 2017-01-31.
- ^ Group, Moneyfacts. "Home". www.moneyfactsgroup.co.uk. Retrieved 2017-01-31.
{{cite web}}:|last=has generic name (help) - ^ "Internet Archive Wayback Machine". 2000-05-01. Retrieved 2017-01-31.
{{cite web}}: Cite uses generic title (help) - ^ a b "Money: Best-buy tables are not always black and white". The Independent. 1997-11-01. Retrieved 2017-01-31.
- ^ plc, Moneyfacts Group. "About Us - Info About Moneyfacts | moneyfacts.co.uk". moneyfacts.co.uk. Retrieved 2017-01-31.
- ^ "Best deal is one zat pays us. Simples! | The Sunday Times". www.thesundaytimes.co.uk. Retrieved 2017-02-07.
- ^ "Daily News Roundup". 2007-12-25. Retrieved 2017-01-31.
- ^ "None of the country's banks offer savings accounts to beat inflation". Mail Online. Retrieved 2017-01-31.
- ^ "Building societies' mortgage rates are 25pc lower than banks'". The Telegraph. Retrieved 2017-01-31.
- ^ "The Official Moneyfacts Blog: Media". Retrieved 2017-01-31.
- ^ Jones, Rupert (2016-11-05). "With Tesco offering a 3% current account, every little really does help". The Guardian. ISSN 0261-3077. Retrieved 2017-01-31.
- ^ "Subscribe to read". www.ft.com. Retrieved 2017-01-31.
{{cite web}}: Cite uses generic title (help)