Saga plc provided trading update for the period from August 1, 2020 to January 25, 2021. For the period, the company reported good progress against all five pillars of the strategic objectives outlined in September. Insurance business performance continues to be resilient in highly competitive market. Motor and Home policy sales 1% ahead of prior year; customer retention of 80%, an increase of 5% points; underlying margins in line with expectations. Customer demand has also been very resilient, with £140 million of total Cruise bookings as at January 23, representing 68% and 28% of the latest revenue targets for 2021/22 and 2022/23 respectively.