Current Affairs

Tag Heuer to open its largest UK store

Swiss watch brand Tag Heuer will be opening its largest UK store in Meadowhall, Yorkshire. The shopping venue, which is joint-owned by British Land, has undergone a £60m refurbishment program which included a £16m retailer investment. Some 42 brands have redesigned their stores in the renovation and Tag Heuer is…

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Tiffany Faces Backlash Over ‘Political’ Trump Letter

Tiffany & Co faced a backlash from some of its customers after publishing a letter addressed to US president Donald Trump on its Facebook page. The letter – laid out in the Tiffany brand colours – read: “Dear President Trump, We’re still in for bold climate action. Please keep the…

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DiamondCorp goes into administration

DiamondCorp has announced that it has gone into administration, leaving the future of the company in the hands of practitioners. Stephen Cork and Jo Milner of London-based advisory firm Cork Gully are now joint administrators of the rough diamond company. In a statement released this week, it said that its…

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1.4m jobs at risk as SMEs close, says business sale marketplace

Over 1.4 million jobs in the UK are at risk as hundreds of thousands of small businesses close within the next five years, according to a survey by business sale marketplace Bizdaq. The survey showed that companies are closing at an “alarming rate”, with 363,000 small business owners planning to…

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De Beers aims to make mines carbon-neutral

De Beers is aiming to make some of its mines carbon-neutral within the next five to 10 years. The mining company said it is devising a method for storing carbon dioxide in kimberlite rocks. It will look at how to speed up the naturally occurring process of kimberlite reacting with…

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High business rates force award-winning jeweller to close

An award-winning jeweller has been forced to close his Southport store due to high business rates. Peter Jackson MBE, owner of Peter Jackson the Jewellers, decided to shut his store after 20 years in the area. With other Peter Jackson stores in Preston, Blackburn, Bury and Carlisle, the Southport outlet…

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Historic Roman jewellery stolen from York shop

Police have released CCTV images of two men they would like to speak to in connection with a theft at a York-based jewellery shop. Distinctive, historic jewellery was stolen from The Red House Antique Centre in Duncombe Place. The incident happened at 9.55am on Saturday 22 April 2017. Police say…

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London investors buy Breitling

London-based private equity group CVC Capital Partners has bought a controlling stake in Breitling for a reported €800m (£677m). Breitling’s CEO Théodore Schneider said the deal will leave CVC with an 80% stake, and Breitling will retain the remaining 20% of the group. “I am convinced CVC is the right…

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Loss of EU workers would be a ‘huge blow

Over half of small businesses with EU workers are worried about accessing people with the right skills, or growing their business post-Brexit, according to new research from the Federation of Small Businesses (FSB). FSB’s latest report, ‘A skilful exit: What small firms want from Brexit’, shows one fifth (21 percent)…

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Anja Potze shortlisted for Small Award

Fine diamond and pearl jeweller Anja Potze has been shortlisted in the inaugural Small Awards in association with Facebook. The awards have been established to recognise the achievements of small and micro businesses. Worcester-based Anja Potze Fine Jewellery, has been recognised in the ‘Heart of Gold’ category which focuses on…

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