Economy

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…

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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…

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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…

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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.…

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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…

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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…

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Retailers report deepest decline in footfall since February 2014

Retail footfall in June was down 2.8% on the same month last year – the sharpest decline since February 2014.…

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BRC: Jewellery and watch sales grow in June

Jewellery and watch sales continued to grow in June, according to the latest Retail Sales Monitor from the British Retail…

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Shop prices fall for 38th consecutive month

Shop prices fell 2% in June, the 38th consecutive decline and a deepening from the 1.8% price fall recorded in…

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Brexit fuels uncertainty as polished diamond prices slide in June

Polished diamond prices fell in June and sentiment softened after “relatively weak” Las Vegas and Hong Kong shows, according to…

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