Dixons Group plc, Britain's biggest electricals chain, moved yesterday to cash in on the success of Freeserve, its free Internet service provider, saying it was looking at a partial flotation.

Dixons said it was considering how to optimise Freeserve's value, including an initial public offering of a minority stake. The firm has appointed Credit Suisse First Boston and Cazenove & Co to look into the options for Freeserve, which was introduced in September and has become the UK's biggest Net service provider, with more than a million subscribers.