Comparison site shares plummet as watchdog starts probe:

Millions were wiped off the share value of price comparison websites yesterday as they were named in an inquiry into market-rigging.

‘Consumers trust price comparison services to help them switch to the best energy deals available on the market.

‘But some energy price comparison sites have been behaving more like backstreet market traders than the trustworthy consumer champions they make themselves out to be in adverts on TV.’

All the websites – MoneySupermarket, uSwitch, ComparetheMarket, and GoCompare – denied misleading the public and insisted they have helped consumers save millions of pounds a year by shopping around.

They would – wouldn’t they?