News
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Apr- 2020 -30 April
Covid-19: 70% of shopworkers are experiencing anxiety, says Udsaw
Shopworkers trade union Usdaw has released statistics revealing 70% of shop workers are experiencing anxiety and have raised concerns with their employers amid the Covid-19 crisis. The statistics revealed that 39% of the 7,357 members surveyed, primarily essential workers in shops, distribution warehouses, road transport or work as delivery drivers…
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29 April
Bulgari donates hand sanitiser to the NHS
Italian jeweller Bulgari has announced that it will donate over 160,000 units of hand sanitising gel to the NHS at the beginning of May. The medical-grade gel will be housed in 75ml recyclable bottles so that they are both sustainable and portable for healthcare workers. Prior to announcing its donation…
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29 April
De Beers Group donates $200,000 to women’s support organisations
De Beers Group revealed it has made a $200,000 (£160,000) donation to women’s shelters and support organisations across its four producer partner countries. The donations have been made to the organisations across Botswana, Canada, Namibia and South Africa in response to an increase in gender-based violence resulting from the ongoing…
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29 April
Demand for mechanical and vintage timepieces on the rise
The Sale Room has reported a “significant” increase in demand for mechanical watches and vintage timepieces in the month since the nationwide lockdown began. The marketplace for art, antiques and collectables auctions said that these items have seen a 13% increase in demand on thesaleroom.com since 23 March. It added…
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29 April
Bira calls on chancellor to bin rates reform Bill
The British Independent Retailers Association (Bira) is urging the government to scrap plans to bring forward the next revaluation of business rates to April 1, 2021. Bira has joined other heads of the retail sector in calling Chancellor Rishi Sunak to withdraw ‘disastrous’ legislation, due to be discussed today (Wednesday,…
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28 April
Laings recognised by Sunday Times Profit Track
Luxury jewellery retailer Laings has been named one of the fastest-growing UK companies for profits growth by The Sunday Times. The jewellers featured in the 21st annual Sunday Times Profit Track as one of Britain’s private companies with the fastest-growing profits over the last three years. It ranked at number…
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28 April
IJL extends deadline for KickStart applications
The IJL has announced that its deadline for online applications for the IJL KickStart mentorship competition has now been extended to 1 June in light of the ongoing pandemic. Andy Ventris, IJL show director, said: “Extending the deadline is to ensure that we are giving all designers who wish to…
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28 April
Bira welcomes 100% government-backed loans for small businesses
The British Retailers Association (Bira) has welcomed a new government scheme to offer 100% taxpayer-backed loans for the UK’s small businesses. Yesterday (27 April), Rishi Sunak announced the scheme would start next week offering firms loans of up to £50,000 within days of applying. To access the loans, which are…
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28 April
UK economy not expected to recover until 2023, study suggests
The UK’s economy is not expected to return to normal until 2023 due to the coronavirus pandemic, according to a new report issued by economic forecasting group EY Item Club. The group has warned that it is likely to take three years for the UK economy to return to the…
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27 April
Chancellor announces 100% guarantee on small business loans
Chancellor Rishi Sunak has announced the launch of a new ‘bounce back’ emergency loan scheme for small businesses, which will offer 100% guarantees on emergency loans. Today (27 April) Sunak told the House of Commons that the scheme would begin next week, offering SMEs loans of up to £50,000. The…
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