Economy
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Feb- 2025 -20 February
UK consumer confidence drops to new low in February
UK consumer confidence slipped to a new low of -37 in February, amid the worsening state of the economy. According…
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17 February
Average diamond price rose 2.7% in 2024
The average price of a diamond rose 2.7% to $2,360 (£1872) in 2024, according to data from the Natural Diamond…
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6 February
BoE cuts interest rates to 4.5%
The Bank of England (BoE) has voted to cut interest rates from 4.75% to 4.5%, the lowest level since June…
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Jan- 2025 -30 January
Value of diamonds has plummeted in past 2 years, warns 77 Diamonds
Both natural and lab grown diamonds have seen a significant reduction in value, according to online jeweller 77 Diamonds. Over…
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7 January
BRC warns of 2025 falling sales volume despite December sales growth
The British Retail Consortium (BRC) has warned of possible falling sales volume in 2025 despite the modest increase in total…
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3 January
Total footfall was down 2.2% in 2024
Total UK footfall in 2024 was down 2.2% compared with 2023 according to data from the British Retail Consortium (BRC).…
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Dec- 2024 -24 December
Footfall rises ahead of Christmas but remains lower than 2023 levels
Footfall rose for the second consecutive week last week across all UK retail destinations with retail parks and shopping centres…
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23 December
BRC warns of ‘spending squeeze’ in January
The British Retail Consortium has warned of a January spending squeeze, as BRC-Opinium data between 10 and 13 December showed…
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19 December
BoE holds interest rates at 4.75%
The Bank of England (BoE) has voted to hold interest rates at 4.75%, following a recent hike in both inflation…
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16 December
Footfall drops 3.1% in last fortnight
Footfall over the last two weeks ended 8 December has averaged -3.1% below the same weeks last year according to…
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