News
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Oct- 2020 -9 October
NAJ urges members to check furlough claim inaccuracies
The National Association of Jewellers is urging its members to check for furlough claim inaccuracies through the government’s Better Business Tax support service, due to businesses receiving a letter from HMRC. HMRC’s warning notified businesses of potential errors in the furlough scheme and reminded them the importance of claims being…
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8 October
NAJ encourages jewellers to register for Kickstart Scheme
Jewellers across the industry who are looking to register an interest in the government’s Kickstart scheme can do so with the National Association of Jewellers, the association has said. The Kickstart Scheme was announced in September as part of the Chancellor’s ‘Plan for Jobs’. It provides funding to employers to…
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8 October
Tag Heuer announces new Monaco timepieces
Tag Heuer has announced three new Monaco timepieces, which are inspired by ‘‘early predecessors’’ in the collection. The Swiss watchmaker’s three models feature the Calibre Heuer 2, an inhouse manufacturing movement at its centre, and a seventies-inspired design. The Calibre Heuer 2 is visible behind the watch’s sapphire crystal caseback…
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7 October
Businesses must check furlough inaccuracies before HMRC deadline
Businesses using the furlough scheme have been urged to “thoroughly check” their claims for inaccuracies before HMRC’s cut-off date to avoid the risk of fines or prosecution. Accountancy firm Kilsby Williams issued the warning after HMRC sent letters to a growing number of businesses to inform them of potential errors…
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7 October
Businesses must check furlough inaccuracies before HMRC deadline
Businesses using the furlough scheme have been urged to “thoroughly check” their claims for inaccuracies before HMRC’s cut-off date to avoid the risk of fines or prosecution. Accountancy firm Kilsby Williams issued the warning after HMRC sent letters to a growing number of businesses to inform them of potential errors…
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7 October
Diamond breaks world record for online auction bid
A 102.39 carat D Flawless oval diamond has been sold at Sotheby’s Hong Kong auction for $15.7m (£12.2m), breaking the world record for the highest value ever bid for a jewel in an online auction. Before its sale, the highest price paid for a jewel in an online auction was…
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7 October
Rosberry’s reports strong auction sale
Rosberry’s London has reported strong sales for its Jewellery and Watches Auction, which took place on 22 September. The auctioneer reported a sold rate of 82% to local and international bidders. Among the items being sold included diamonds, which were estimated to sell between £4,000-6000 but sold for £7,500, and…
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6 October
Lucy Slyvester launches Autumn collection
Lucy Slyvester has revealed her new Autumn jewellery collection for the Halloween season. The Oxfordshire-based designers’ new line includes designs based on stag beetles, flies, moths, dragonflies and crab claws, all created with either solid silver or gold. Slyvester believes the new collection’s pieces ‘‘are a perfect fit for an…
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6 October
Watches of Switzerland raises guidance as sales surge
Watches of Switzerland has announced that revenue for the first 10 weeks of Q2 has been “stronger than expected” at £202.7m, up 20.2% in constant currency and 18.3% in reported terms against the prior year. The group also reported sales to date of £145.1m, up by 12.6% against the prior…
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5 October
Hatton Garden burglar ordered to pay back nearly £6m
The final member of the Hatton Garden burglary gang to be jailed has now been ordered to pay back nearly £6m by the Met Police, or serve an extra seven years in jail. Michael Seed was sentenced to ten years’ imprisonment in March 2019 after being found guilty of conspiracy…
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