News
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May- 2020 -11 May
British Academy of Jewellery collaborates with Parlement Lycéen Européen
The British Academy of Jewellery (BAJ) has announced the continuation of its partnership with Parlement Lycéen Européen (PLE), a network of jewellery schools across Europe. In light of the ongoing partnership, the association will participate in the PLE’s annual jewellery design competition, whereby students from twelve European jewellery schools compete…
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11 May
Trouble ahead for retail vacancy rates, warns BRC
The British Retail Consortium (BRC) and Local Data Company has said the new BRC-LDC Vacancy Monitor has revealed that the rate of store vacancies increased to 12.2% in March. The monitor also reported a 0.3% decrease in vacancy rates in shopping centres to 14.1% compared with 14.4%. The South West and Wales…
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7 May
Rotary Watches reopens distribution centre
Rotary Watches announced that it has reopened its distribution centre for a three-week period in order to service its retail partners and online orders. The centre has been open since the week commencing 4 May, and its continued operations will be reviewed at the end of the three-week period in…
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7 May
Birmingham Assay Office reopens gem lab amid Covid-19 pandemic
The Birmingham Assay Office has re-opened its gem lab and is now fully operational three days a week amid the Covid-19 crisis. Like many other businesses, the Birmingham Assay Office temporarily closed its doors on Tuesday 24 March for three weeks as stipulated by the government, but last month hallmarking…
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7 May
Baselworld 2021 cancelled
Organisers of Baselworld, the MCH Group, have confirmed that the 2021 event will no longer go ahead. The annual event, which was due to take place between 28 January and 2 February 2021, has been scrapped as the MCH Group said it had “reached an agreement” with representatives of exhibitors…
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6 May
41% of Brits start to use independent shops during Covid-19 lockdown
Some 41% of Brits have revealed they have been shopping at their local stores since the Covid-19 lockdown was introduced. According to a new study by comparison website finder.com, 36% of Brits surveyed plan to use their local stores more post lockdown. The study revealed the primary reason why shoppers…
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6 May
Business rates revaluation postponed until 2022
A revaluation of business rates will no longer take place in 2021 in line with the government’s latest efforts to “reduce uncertainty” for firms affected by the ongoing pandemic. Communities Secretary Rt Hon Robert Jenrick MP confirmed that legislation has now been introduced to bring the next revaluation forward by…
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6 May
NAJ issues preliminary guidance for jewellery retailers
The National Association of Jewellers (NAJ) has published new guidance to help jewellery stores across the UK and Ireland make preparations for when ‘lockdown’ is lifted. The association confirmed that this “non-exhaustive” and preliminary guidance would be the first of a number of versions that would be released over the…
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6 May
Theo Fennell silent auction raises £7,000 for charity
Theo Fennell has donated over £7,000 to the Kensington and Chelsea Foundation’s Covid-19 Appeal through a series of silent auctions. The auctions in question featured “one-of-a-kind” pieces designed by creative director Theo Fennell in his design studio, with 15% of proceeds going towards the London-based foundation. The foundation, which raises…
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5 May
Furlough errors could cost small firms
SMEs are making errors on their applications for the Government’s furlough scheme, meaning they will have to repay thousands of pounds back to HMRC later, accountancy firm UHY Hacker Young has said. The firm explained it has seen many small business applications for the furlough grant that includes the cost…
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