Economy

Diamond prices decline in December amid ‘India liquidity crisis’

Polished diamond prices softened in December as Indian liquidity dried up due to the government’s demonetisation policy, which eliminated 500…

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Footfall falls in November despite Black Friday sales

Retail footfall decline 1% in November compared with the same month last year, despite the popular Black Friday discounting event…

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Hallmarking falls 4.6% in November

The total number of hallmarked items fell 4.6% in November, a decrease of 57,075 pieces when compared with the same…

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Consumers set to spend ‘£1.6bn more’ this Christmas

Retail sales this December are forecast to rise by 4% year-on-year, with consumers expected to spend £42.8bn – £1.6bn more…

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SME growth threatened by ‘unpaid debts’

Over three quarters (75%) of a small and medium-sized business (SMEs) have written off unpaid debts in the past year,…

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Polished diamond prices increase in November

Polished diamond prices increased in November, despite a slowdown in trading as Indian liquidity dried up and manufacturing shut down…

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Shop prices fall for 43rd consecutive month

Shop prices fell 1.7% in November, the 43rd consecutive month of declines and unchanged from October’s rate of deflation. The…

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Retailers ‘bullish’ for Black Friday and Christmas sales

Retailers are optimistic that they will achieve a positive result in their biggest sales period, with most anticipating increased revenues…

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De Beers reports ‘good demand’ in ninth sales cycle

The De Beers Group of Companies has reported ‘continued good demand’ for rough diamonds for the ninth sales cycle of…

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Gold pieces slump 20.6% in bleak October hallmarking results

The number of gold items hallmarked fell 20.6% to 489,924 articles – from 617,421 in the same month last year…

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