Saga pays out £44m after Covid-19 halts travel business
22nd Jun 2020 11:22
(Sharecast News) - Saga has refunded £44m to customers after the Covid-19 outbreak halted its travel business, the over-50s holiday and insurance specialist confirmed on Monday.
Read moreSaga looks to steady ship as Covid-19 halts travel business
2nd Apr 2020 10:39
(Sharecast News) - Saga has moved to strengthen its balance sheet after the Covid-19 pandemic halted its cruise and tour operations, including the suspension of its dividend.
Read moreSaga to take ?15m hit as it suspends cruises due to Covid-19
13th Mar 2020 07:54
(Sharecast News) - Over-50s specialist Saga has suspended operations of its cruises until 1 May - a move that will dent profits by up to ?15m - following government advice for people aged 70 and over and those with pre-existing conditions not to travel on cruise ships due to the coronavirus outbreak.
Read moreJP Morgan upgrades Direct Line Group and Admiral
9th Mar 2020 13:12
(Sharecast News) - Analysts at JP Morgan upgraded their recommendations for UK auto insurers Admiral and Direct Line in anticipation of continued discipline on the part of both firms on margins.
Read moreSaga says travel business hit by coronavirus outbreak
5th Mar 2020 10:53
(Sharecast News) - Saga shares were under pressure on Thursday as the over-50s specialist said its travel business had been hit by the coronavirus outbreak.
Read moreSaga said to put Titan Travel sale on hold amid coronavirus outbreak
2nd Mar 2020 13:13
(Sharecast News) - Over-50s specialist Saga has reportedly put the sale of holiday business Titan Travel on hold amid the disruption caused by the coronavirus outbreak.
Read moreSaga to sell Bennetts Motorcycling Services for ?26m
17th Feb 2020 09:59
(Sharecast News) - Over-50s specialist Saga has agreed to sell motorcycles insurance broker Bennetts for ?26m.
Read moreSaga reassures on annual results
28th Jan 2020 09:15
(Sharecast News) - Saga said annual profit would be in line with guidance as the over-50s insurer and holiday provider seeks to steady its business after a rocky period.
Read moreSaga appoints former Superdry boss as new CEO
11th Dec 2019 07:52
(Sharecast News) - Saga, which specialises in products for the over-50s, said on Wednesday that it has appointed Euan Sutherland as its new chief executive officer with effect from 6 January.
Read moreSaga appoints new COO
19th Nov 2019 13:10
(Sharecast News) - Over-50s specialist Saga has appointed Gilles Normand as its new chief operating officer with effect from 25 November, while former Legal & General executive Cheryl Agius will become chief executive of the insurance segment from 1 January.
Read moreDirector dealings: Saga chairman raises stake
17th Oct 2019 16:12
(Sharecast News) - Saga revealed on Thursday that chairman Patrick O'Sullivan had acquired 100,000 ordinary shares in the British "life after 50" specialists.
Read moreSaga profits drop as travel business hit by Brexit uncertainty
19th Sep 2019 09:20
(Sharecast News) - Over-50s specialist Saga posted a drop in interim profit on Thursday as Brexit-related uncertainty took its toll on the travel business, but the group backed its expectations for the year.
Read moreWednesday broker round-up
19th Jun 2019 13:04
(Sharecast News) - Just Eat: UBS downgrades to neutral with a target price of 650p.
Read moreSaga trading in line as 'challenging headwinds' continue
19th Jun 2019 07:21
(Sharecast News) - Saga on Wednesday reported that overall trading has been broadly on track since the beginning of February, although the company continues to face strong headwinds in both travel and insurance as it implements the new strategy announced in April
Read moreThursday newspaper round-up: Help-to-buy, fossil fuel, Woodford, Facebook
13th Jun 2019 07:30
(Sharecast News) - More than half of people using the government's help-to-buy loan scheme could have purchased a home without support from the state, according to Whitehall's spending watchdog. In a critical report into the government's flagship scheme to help more people get on the property ladder, the National Audit Office said about three-fifths of buyers could have bought a home without the support. - Guardian
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