Price comparison website Gocompare.com grew turnover and pre-tax profits in the first half of 2017.

Turnover grew to £75.8 million, from £72.8m in the first half of 2016, while pre-tax profit increased to £14.7m from £14.5m the year before.

During the period, Gocompare took up a minority shareholding in Mortgage Gym and signed an exclusive partnership with Haymarket Media Group.

"We have delivered material improvements to our core business following organisational and operational transformations early in the year and I am particularly pleased with the integration and performance of our existing talent, alongside new talent recruited in Newport,” said chief executive Matthew Crummack.

"As well as progressing the core business, we have continued to develop our strategy and our investment in Mortgage Gym is an exciting opportunity to work with an innovative business that is well aligned to our mission of helping people everywhere save time and money."

Chairman Sir Peter Wood added: "The executive team under Matthew's leadership has made great progress in building on GoCompare's strong foundations and its continuing evolution into a leading tech business."