Economy

UK economy shrinks 1.5% in Q1 despite signs of recovery

The UK economy shrank by 1.5% during the first three months of the year due to the impact of the…

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Global gold jewellery demand climbs 52%

The volume of gold jewellery purchased by global consumers has reportedly increased by 477.4 tonnes (t) year-on-year for Q1 2021,…

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Hallmarking rises 10% in March

The total number of pieces hallmarked in March 2021 has increased 10% year-on-year, according to the latest figures from the…

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Hallmarking falls 28.8% in February

The total number of pieces hallmarked throughout February 2021 decreased 28.8% when compared to last year, according to the latest…

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Chancellor to unveil £5bn high-street support package

Chancellor Rishi Sunak is expected to offer over 700,000 retail, hospitality and other businesses grants of up to £18,000 as part of…

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Hallmarking plummets 45.5% in January

The total number of pieces hallmarked during January 2021 plummeted 45.5% against last year, according to the latest figures from…

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Scotland extends rates holiday for another year

The Scottish government has confirmed that it is extending 100% of its business rates relief for the hospitality, retail, leisure…

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Fancy Colour Diamond prices dropped in 2020, reports FCRF

The Fancy Colour Research Foundation (FCRF) has announced the Fancy Color Diamond INDEX results for 2020’s fourth quarter, showing a…

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Diamond market to recover fully by 2024

The diamond supply chain is set to return to pre-pandemic levels between 2022 and 2024, according to Bain & Company’s…

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BRC chief calls for rates extension as vacancies rise by 13%

Helen Dickinson, chief executive of the British Retail Consortium (BRC) has urged the government to extend business rates relief beyond…

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