Economy

ROUNDUP: Business rates holiday announced by chancellor Sunak

In his maiden budget, the new chancellor, Rishi Sunak, has announced a £30bn fiscal stimulus package to help combat the…

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Gold and platinum up single digits in January hallmarking

The number of gold and platinum pieces hallmarked in January 2020 increased by 1.4% and 7.6% respectively, according to figures…

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HMRC yields £16 from small businesses for every £1 spent on staff

HMRC’s investigations into individuals and small businesses produced a yield of approximately £16 for every £1 spent on staff last…

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Gold and silver fall in December hallmarking

The number of gold and silver pieces hallmarked in December 2019 decreased by 7.1% and 12.7% respectively, according to figures…

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‘Worst year on record’ for retail, says BRC

Total retail sales decreased by 0.1% in 2019, compared with the 1.2% increase recorded in 2018, making it the “worst…

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Tiffany reports fall in both Q3 and FY earnings

Tiffany has reported a decline in net earnings for both its third quarter and year-to-date results.  For the third quarter…

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Treasury Committee urges MPs to reform ‘broken’ business rates

The government has been urged to fix the “broken” business rates system as it is continuing to affect high street…

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Louis Vuitton owner bids to take over Tiffany and Co

Luxury group, LVMH, has confirmed it is in talks to takeover Tiffany and Co. LVMH said in a statement yesterday…

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GIA commits $1.3m to artisanal mining education project

Gemological Institute of America (GIA) in Tanzania will expand distribution of its gem guide for artisanal miners to other communities…

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BRC ‘disappointed’ with business rates relief in Queen’s speech

The British Retail Consortium has responded to the Queen’s speech, praising its approach to crime and sustainability but was “surprised…

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