Economy

London and Essex set to move into Tier 2 restrictions

London and Essex will face tougher Tier 2 Covid-19 restrictions from Saturday (17 October), including a ban on the mixing…

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De Beers value rough diamond sales at $467m

De Beers Group has announced the value of rough diamond sales at $467m (£360m) for the eighth sales cycle of…

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Hallmarking falls 19.5% in September

The total number of pieces hallmarked during September 2020 decreased by 19.5% compared with the same month last year, according…

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Businesses must check furlough inaccuracies before HMRC deadline

Businesses using the furlough scheme have been urged to “thoroughly check” their claims for inaccuracies before HMRC’s cut-off date to…

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Government launches new ‘bounce back’ plan for retailers

A new series of measures has been announced by the UK Government to support businesses in the consumer and retail…

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UK retail sales increase by 4.7% in August

UK retail sales in August have increased by 4.7% on a like-for-like basis from August 2019, according to figures released…

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GDP to contract £15.3bn each year if home working persists

Lower consumer spending and a decrease in economic clustering if pandemic levels of home working persist would reduce UK GDP…

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Record economic growth anticipated for Q3

The UK is reportedly on track for a record economic resurgence during the third quarter of the year, following sharp…

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June retail sales show signs of recovery

Retail sales increased by 3.4% in June, against a decrease of 1.6% in June 2019, marking the first signs of growth…

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Hallmarking down over 40% in June as Covid impact continues

The impact of the coronavirus on UK hallmarking has continued in the month of June with the total number of…

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