Economy

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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Lucapa revenue drops 42% in Q4

Lucapa Diamond Company has seen its revenue drop significantly in the fourth quarter as the miner delayed sales while it…

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Hallmarking down by 12.1% in December

The total number of pieces hallmarked during December 2020 decreased by only 12.1% compared with the same month last year,…

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Diamond trading slows over Christmas

Diamond trading slowed down over the holiday season as the industry shifted focus to retail and as diamantaires took their…

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Holiday engagement rings driving jewellery sales, says De Beers

Engagement rings are driving jewellery sales this holiday season, according to De Beers Group’s latest Diamond Insight ‘Flash’ report. From…

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Rough diamond value falls in Cycle 9, says De Beers

De Beers Group has announced that the value of rough diamond sales slightly declined against the previous cycle for the…

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Hallmarking slightly improves in October

The total number of pieces hallmarked in October 2020 fell by 17.5% compared with the same month last year, according…

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