Current Affairs

Steffans jewellers hit by store raid

Two men have been charged for burglary in connection to a raid on a jewellers shop in Northampton where a car was used to smash down a door.  According to a report from Leicestershire Police, Steffans Jewellers in The Square, Market Harborough, was targeted at around 4:45am on Friday November…

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New index for fancy colour diamonds released

A new index by The Fancy Color Research Foundation (FCRF) shows that fancy colour diamonds have delivered strong and consistent price increases, outperforming key global asset indices, since 2005.  The Fancy Color Diamond Index has been developed by the FCRF from proprietary access to tens of thousands of fancy colour…

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H&T Pawnbrokers supports FCA regulation

H&T Pawnbrokers has shown its support for a new cap on the amount that payday lenders can charge their customers, following the announcement yesterday.  The Financial Conduct Authority (FCA) said payday loan rates will be capped at 0.8% per day under new rules due to take effect in January 2015.…

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Bridlington thieves make off with £400k of jewellery

Griffin Jewellers in Prospect Street, Bridlington, was yesterday hit by thieves who cut a square hole in the store’s window before stealing a reported £400,000 worth of diamond rings.  It is reported that the thieves took 15 seconds to cut the hole and were gone in just over one minute…

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Teeside jeweller hit by armed robbers

Market Cross Jewellers in Yarm, Teeside, has been hit by an armed robbery with hundreds of thousands of pounds worth of jewellery believed to have been taken.  Cleveland Police have confirmed that four offenders in balaclavas entered the store just before 5pm on Monday, armed with “bladed or edged” weapons.…

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Eighties jewellery prices ‘soaring’, says Bonhams

Eighties jewellery such as giant hoop and drop earrings, torque bangles and sprung-collar necklaces are back in vogue with prices soaring, according to auction house Bonhams.  According to Bonhams collectors and investors are reappraising key designers as bold, colourful and outgoing jewellery is becoming increasingly popular in the auction rooms.…

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American Express supports SMEs with ‘Small Business Saturday’

American Express has launched a marketing campaign to support small and medium sized enterprises (SMEs) ahead of Small Business Saturday.  Small Business Saturday, which takes place on December 6, is an initiative that aims to “support, inspire and promote” small business across the UK. American Express – founder of Small…

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GIA suspends diamond sealing services after receiving mis-labelled packet

The Gemological Institute of America (GIA) has suspended diamond sealing services and the issuance of duplicate reports at all locations, with immediate effect. In a statement, GIA said: “The Institute is taking this action after receiving a sealed diamond for verification that did not match the data label in the…

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Jewellery Focus introduces revamped mobile site

A new mobile and responsive site for JewelleryFocus.co.uk has been rolled out with immediate effect to cater for the growing number of mobile users engaging with the Jewellery Focus brand on a daily basis. The site is designed for simplicity of use and focuses on the latest news stories –…

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IP protection gets £3m government injection

The fight against IP crime has been given a major boost with the government announcing it will continue to fund the Police Intellectual Property Crime Unit (PIPCU) until 2017.  The Minister for Intellectual property, Baroness Neville-Rolfe, confirmed that £3m would be allocated to the City of London Police’s national crime…

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