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Travel giant TUI said it continued to anticipate low single-digit hundreds million of cash outflow per month for the final quarter of the financial year after paying out more refunds to customers in August and September.
UK insurance companies will be forced to stop ripping off loyal customers and offer premiums at the same rate as new clients under changes proposed by the regulator.
European stocks were steadier on Tuesday after a sell-off in the previous three sessions despite weaker travel and insurance sectors over concerns of new coronavirus restrictions in the UK and higher claims provisions.
