Hopes of rate cuts keep markets buoyant ahead of UK inflation report - business live

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Rolling coverage of the latest economic and financial news, including the latest UK cost of living report

Ouch! Shares in holidays and insurance group Saga have hit a record low after it warned that its business is still suffering from Brexit uncertainty. Saga, which targets the over-50s, has told investors that it faces “challenging headwinds in both travel and insurance”. Tour revenue has fallen this year, suggesting some holidaymakers are nervous about making plans - pushing prices down across the sector.

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