News
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Apr- 2016 -13 April
New CEO appointed to National Pawnbrokers Association
The NPA has announced the appointment of a new chief executive to succeed Ray Perry, the current CEO, in June of this year. Stu McInroy joins from the Bookmakers’ Committee where he was general secretary for the statutory body parented by the Department for Culture, Media and Sport for the last seven years. He has…
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12 April
De Beers reports stable rough diamond demand
The De Beers Group has reported stable rough diamond demand, following its third sales cycle of 2016. The company reported rough diamond sales of $660m (£465m) compared with the $617m (£434m) realised in its second sales cycle earlier this year. The company said continued stability in polished diamond prices and…
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12 April
UK retail sales fall flat in March due to early Easter
Retail sales in the UK neither grew or declined in March as an early Easter distorted sales figures during the month. That’s according to the latest Retail Sales Monitor from the British Retail Consortium (BRC) and KPMG, which found like-for-like sales declined 0.7% compared with the same month last year…
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11 April
Gold price reports best performance in ‘three decades’
The price of gold reported its best performance in almost three decades, according to a new report from the World Gold Council (WGC). During the first quarter of 2016, gold price rose by 17% in US dollars, 20% in British pounds, 11% in Euros and 9% in Japanese Yen. It…
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11 April
Jeweller creates ‘world’s first radioactive jewellery’
A 23-year old London jeweller has created what is believed to the world’s first-ever safe-to-wear radioactive jewellery range. Phillip Bannister, a former engineering student from Barking and Dagenham College, has created radioactive jewellery with precious gems that glow in the dark. He uses radiation rods in his creations, allowing precious…
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11 April
VIDEO: Illegal gold mining is ‘driving organised crime in Latin America’
Illegally mined gold in South America has overtaken cocaine and is now the “most important” way to earn money for organised crime gangs, according to a new report. The new report, from The Global Initiative Against Transnational Organised Crime, found in Peru and Colombia – the largest cocaine producers in…
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8 April
Carat opens refurbished Covent Garden store
Fashion jewellery brand Carat has announced the opening of its recently renovated boutique in Covent Garden, London. The store has been refurbished to reflect the brand’s new shop concept featuring its signature Carrera marble and chrome fittings, alongside a chandelier from Italian designer Gino Sarfatti. The store, which will display…
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8 April
Basingstoke jewellers hit by thieves
Police are appealing for information following a “high value” burglary at a jewellers in Basingstoke, Hampshire. Officers were called to Festival Place shopping centre just after 2:30am on Thursday 7 April to reports of a burglary at the recently refurbished Beaverbrooks The Jewellers store. Thieves smashed the doors at the…
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7 April
Jeweller speaks of ‘devastation’ following £100,000 raid
A Wiltshire-based jewellery store owner has spoken out after thieves stole almost £100,000 worth of stock during a raid last month. John Watling, co-owner of Watling Goldsmiths in Lacock, told the Wiltshire Times that “petrified” staff locked themselves into a back office on Wednesday, 23 March, when four men armed…
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7 April
Record-breaking pink diamond could fetch £27m at auction
The largest fancy vivid pink pear-shaped diamond to ever be offered at auction is expected to go under the hammer for $28m to $38m (£19.9m to £27m). The 15.38-carat ‘Unique Pink’ diamond – unveiled in London today – received the highest possible colour grading for a pink diamond from the…
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