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The City roundup video: GoCompare founder sells stake for £44m

Video: Oscar Williams-Grut provides a run-down of the day's major news from the City

GoCompare.com Chief Executive Hayley Parsons poses with her Officer of the British Empire (OBE) medal in May 2012.
GoCompare.com Chief Executive Hayley Parsons poses with her Officer of the British Empire (OBE) medal in May 2012. (Sean Dempsey | WPA Pool | Getty Images)

Don't miss out on the goings on in the business world, with our daily round-up of the biggest news from the City.

The Welsh rugby-mad founder of GoCompare netted £44 million after selling her stake in the price comparison website.

41-year-old Hayley Parsons says she plans to spend more time with her children and watching sport after selling to insurer esure. Parsons founded the business eight years ago after overlooked for a promotion at Admiral Group.

Esure is paying £95 million for the 50% of GoCompare it didn’t already own.

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