Moneysupermarket has reported a 15 per cent increase in revenue to £199.4 million for the six months ending June 30.

The group said the rise was driven by exceptional levels of energy switching when the energy price cap increased, as well as the acquisition of Decision Tech in August last year.

Profit before tax in the period was up 18% to £50.2m.

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Chief executive Mark Lewis said: "Millions of people faced rising energy bills and we helped many of them to find a better deal, saving them hundreds of pounds in just a few minutes on our sites."

Eve Sleep slashed its losses by 50 per cent in the first half of the year but has warned investors it expects to miss annual sales targets.

The direct-to-consumer mattress firm warned on revenues as it moves forward with a turnaround plan which saw its founder and chief executive officer ousted last year.

Eve admitted making "missteps" last year after losses deepened on the back of a failed strategy to expand into Europe.

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It reported a 50% decrease in losses to £5.9 million for the half-year to June 30 after it focused on its core markets in the UK, Ireland and France.

However, group underlying revenue fell by 8% to £12.9 million during the six-month period as it reported a 29% sales slump in France.

In the UK and Ireland, sales fell marginally, down 0.9%, due to the "challenging retail backdrop" and promotional nature of the mattress market.

The downturn comes amid growing pressure in the market, with rival firm Simba reporting a challenging performance earlier this year.

Eve said it expects sales to tick up in the second half of the year on the back of a major advertising campaign and new partnerships with Argos, Dunelm and Homebase.

Waitrose & Partners has announced that seven shops will close later this year, affecting up to 677 jobs.

The supermarket has entered into a period of consultation with staff affected by the changes, saying it will look for other opportunities within the business for those who wish to stay.

Three sites in Bromley, Oadby, and Wollaton have been sold to Lidl, while a fourth in Sandhurst is being acquired by an unnamed party.

An additional three shops in Marlow, Stevenage, and at the Waterside British Airways headquarters are also closing.
It is expected that the branches will close in the Autumn.