Chancellor unveils new Job Support Scheme

The chancellor has today announced a new Jobs Support Scheme that will see the government “directly support” the wages of those in part-time work. The scheme, which will run for six months starting this November, will see the government attempt to preserve “viable” jobs by subsidising the pay of employees…

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Chancellor set to unveil furlough replacement after Budget cancellation

Chancellor Rishi Sunak has cancelled this year’s Budget but is set to unveil new measures aimed at protecting employment and the UK economy in parliament later today (24 September). It is thought the new measures will replace the current furlough scheme, which is set to expire at the end of…

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Hublot announces partnership with Chef Paul Pairet

Luxury watchmaker Hublot has welcomed three-time Michelin star chef Paul Pairet as its latest “friend of the brand”. According to Hublot, Pairet has revolutionized traditional ways in playing on texture and temperature of ingredients, producing unique and tasty cuisine with his highly skillful and gorgeous techniques.  It added that his…

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De Beers outlines upcoming trends in flash report

De Beers has announced that diamond jewellery design trends for the upcoming gifting season are expected to be influenced by how “consumers are feeling in response to the events of this year and the impact of lockdowns”. Its fourth Diamond Insight ‘Flash’ Report was published alongside London-based fashion trends consultancy,…

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Latest Covid-19 restrictions now legal requirements, PM says

Prime minister Boris Johnson has announced a series of new measures to curb the increase in coronavirus cases, including making Covid-secure rules for businesses a legal requirement.  Retail and indoor hospitality staff will also be legally required to wear masks while working.  The penalty for not wearing a mask or…

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Watches of Switzerland unveils Knightsbridge Rolex showroom

Watches of Switzerland has announced the opening of a new Rolex showroom located in Knightsbridge.  The new 1,377 sq. ft showroom is situated within the existing Watches of Switzerland flagship showroom on the Brompton Road.  It comes as the group has celebrated a “close relationship” with Rolex since becoming an…

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Footfall rises despite ‘rule of six’

Footfall across all retail destinations in the UK has risen by 2.4% in the last week, despite the government’s new ‘rule of six’ social distancing measure, according to data from analytics company Springboard. High street retailers saw a footfall increase of 5.2%, while shopping centres and retail parks saw a…

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Government launches £95m recovery fund for high street

A new £95m government-funded scheme will support 68 “historic” high streets in England to recover from “declining footfall” and the impact of the pandemic. The initiative, High Streets Heritage Action Zone (HSHAZ), will work with local authorities to convert disused buildings into new shops, workplaces and community spaces. HSHAZ will…

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Lebrusan Studio sees commitment rings ‘spike’

Lebrusan Studio has reported an increase in searches for commitment rings, with over 1,200% shoppers visiting the site looking for such pieces. According to the brand, the stats show that during the three months coming out of lockdown, “more lovers were searching for the term ‘commitment ring’ than ever before”.…

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LVMH set to block Tiffany’s court petition

LVMH has announced it plans to block a court petition launched by jewellery company Tiffany & Co, who is attempting to fast-track legal proceedings after LVMH exited a proposed $16bn (£12bn) merger. The Louis Vuitton owner had agreed to the merger last year, but pulled out last week due to…

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