#price-increases

#price-increases

Irish Life Health is to raise the cost of 99 of its plans by an average of 3pc from the start of October, in a move that could add €185 over a year to a family's cost of cover. The three main health insurers in the market have announced multiple price rises in the last year, with hikes now being announced on a monthly basis. Irish Life's latest price-rise announcement comes days after Laya Healthcare said it was hiking 84 of its 116 plans by 4.5pc from the same date.

Nike is cutting reliance on Chinese production to mitigate US tariffs, forecasting a smaller-than-expected drop in revenue, boosting shares by 15%.

Temu and Shein announced forthcoming price increases for U.S. customers, impacted by tariffs and trade rules, reflecting challenges in their low-cost business models.