Economy

Strong retail sales growth in August helps strengthen British pound

Retail sales growth of 0.3% across all sectors in August, excluding food, clothing and petrol, saw the value of the…

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Gen Z and millenials now account for two-thirds of global diamond demand, says De Beers

The millennial and Gen Z generations combined accounted for two-thirds of global diamond jewellery sales totalling $82 £(£62.8bn) in 2017,…

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Gold and Platinum up double digits in latest Hallmarking figures

The number of gold and platinum pieces hallmarked in July 2018 increased significantly by 12.5% and 20.2% respectively, according to…

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Footfall dips for seventh consecutive month

Retail footfall dipped for a seventh consecutive month in June, despite the boost in spending brought on by the World…

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Long queues ‘costing retailers £12bn’

Long queues have been named the biggest turn-off for UK shoppers and could be costing retailers up to £12bn a…

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Independent retailers feeling ‘optimistic’ about high street future

More than half of the nation’s independent high street retailers are optimistic about the future of their local high street…

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Hallmarking figures fall 11%

Hallmarking fell by an average of 11% in May 2018 compared with the same period the previous year, according to…

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Signet achieves 81% online sales growth in Q1

Jewellery retail group Signet Jewelers, which owns H Samuel and Ernest Jones, has reported a 5.5% increase in total sales…

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Footfall drops 8.6% as sunshine fails to attract shoppers

The UK high street saw an overall 8.6% year-on-year drop in footfall despite the warm May bank holidays, figures show.…

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Signet jewellers joins De Beers blockchain platform Tracr

Signet Jewelers will be the first retailer to join Tracr, an end-to-end diamond blockchain being developed by the De Beers…

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