Economy

Millennials spent $25bn on diamond jewellery in 2015, says De Beers

Millennials spent more than US$25 billion on diamond jewellery in 2015 in the four largest consumer markets, acquiring more than…

Read More »

9ct gold soars 32% in positive August hallmarking figures

The number of 9-carat gold items hallmarked in August soared 32% in a positive month for overall hallmarking figures. That’s…

Read More »

Shop prices continue to fall in August

Consumers continued to benefit from falling shop prices in August, as overall prices fell 2% from the 1.6% decline in…

Read More »

Consumers shun shops on August bank holiday in favour of dining out

Retail destinations in the UK saw a drop of 3.3% over the August bank holiday weekend compared with last year,…

Read More »

Hallmarking slumps 11.8% in July

The total number of hallmarked items dropped 11.8% in July, a decrease of 92,333 pieces when compared with the same…

Read More »

Western investors drive gold demand to near-record high

Western investors have driven the demand for gold to a near-record high, according to a new report from the World…

Read More »

Small firms ‘could deliver one million more apprenticeships’, says FSB

Small firms could create a million new apprenticeships with the right support from the government, the Federation of Small Businesses…

Read More »

Jewellery and watches ‘best performing’ retail segment in July

Jewellery and watch sales were found to be the best performing sector in July, as overall retail sales picked up.…

Read More »

Natwest and RBS to consider charging businesses to hold money

Natwest and the Royal Bank of Scotland (RBS) are mulling applying negative interest rates to business accounts and have warned…

Read More »

Petra Diamonds reports marginal 1% revenue increase

Petra Diamonds has reported a 1% increase in revenue, despite a fall in the price of rough diamonds in the…

Read More »