Economy
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Aug- 2017 -14 August
Retail parks outperform high street and shopping centres
Retail parks showed a growth in footfall in July, with high streets and shopping centres suffering a decrease, figures from retail footfall analysts Springboard show. Footfall on the high streets fell by 2.1% which shopping centres showed a 1.3% decline. Retail parks saw a 1.7% increase. July was the fourth…
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8 August
High street โdinosaursโ left behind by digital age
High street retailers who donโt keep up in the digital age will be left behind, according to new data from Worldpay. According to the payments processor, small and independent stores are seeing year on year growth of up to 8% by allowing customers to browse and purchase online as well…
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3 August
Demand in gold jewellery grows in Q2
The demand for gold jewellery pieces has grown in Q2 of 2017, despite a decline in global gold demand. Jewellery demand increased by 8% from 447 tonnes (t) in 2016 to 481t this year, but fell short of the long-term average. India was the main contributor to the gain in…
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Jul- 2017 -28 July
Summer sunshine boosts retail sales
Retail sales growth picked up in the year to July, exceeding expectations for minimal growth, according to the latest monthly CBI Distributive Trades Survey. The survey of 111 firms, of which 57 were retailers, showed that the volume of sales grew at a healthy pace โ driven by grocery and…
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20 July
Latest hallmarking figures released by Birmingham Assay Office
The Birmingham Assay Office has released the latest hallmarking figures.
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7 July
62% of British SMEs voted to remain in EU
Some 62% of British SMEs voted to remain in the European Union, a recent survey by small business lender Liberis found. According to the survey, the highest earning businesses with a turnover of over ยฃ1,000,000 a year voted to leave the EU more than any other, at 30%. At the…
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Jun- 2017 -30 June
Significant rise in business confidence
Overall business confidence has risen significantly since the start of the year, according to Lloyds Bank. The latest Business in Britain report from Lloyds Bank, based on data gathered after the snap election was called, showed that the confidence level had increased by 24%. The confidence index โ an average…
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22 June
Gold hallmarking continues to drop as silver remains strong
The number of gold articles hallmarked in the month of May reported a 14.1% drop when compared to last yearโs figures. Figures from the Birmingham Assay Office suggest that silver showed a growing strength with a 24.1% increase in hallmarked articles when compared to the same period last year. Platinum…
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9 June
Businesses must โremain resilientโ despite political uncertainty
British entrepreneur Cat Paton has said British businesses should โremain resilientโ following the hung parliament election result. Following a significant drop in the value of the sterling, Paton, managing director of British marketplace OnBuy, said the currency value may encourage a โrenewed focus on tradingโ within the UK. The pound…
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7 June
Businesses unable to cope with interest increases, research shows
One in 25 businesses would be unable to pay off its debts if the interest rates were to increase, research from insolvency trade body R3 has shown. Some 79,000 (4%) UK companies said that a small increase would affect them financially, almost a quadrupling (20,000) of figures from previous research…
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