Insurer esure goes ahead with plans to spin off Go Compare

Motor and home insurer esure has confirmed plans to spin off its Go Compare price comparison site and line it up for a stock market listing worth around £470m ($625m, €557m). The moves follows a strategic review by the insurer, which took full control of Go Compare just over a year ago. Esure said separating both businesses will allow each to focus on separate plans and boost shareholder value.