The Week: City news - SimplySwitch faces axe

Associated Northcliffe Digital, the digital arm of Associated Newspapers, is considering shutting down its price comparison site SimplySwitch less than two years after it acquired the business for £22 million.

SimplySwitch began a 30-day consultation process with its employees in mid-January following its failure to meet performance targets. A final decision is expected to be made by 20 February.

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