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Nish Kankiwala (pictured) said the group, which includes the department store chain and Waitrose supermarkets, faces 'tens of millions' in additional costs.

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"The sustained demand for health care and associated claims cost inflation has regretfully led to the need for increased prices across the health insurance market," said Irish Life Health managing ...

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Martin Seidenberg, head of Royal Mail owner IDS, said the delivery group would need to raise prices to offset a £120m hit to the business.