News
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Jul- 2015 -14 July
June hallmarking jumps 12.3%
The total number of hallmarked items surged 12.3% in June, an increase of 94,023 articles when compared with the same month in 2014. This is according to data released today by the four UK assay offices – and compiled by the Birmingham Assay Office – which found the total number…
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14 July
UK inflation rate falls back to 0%
The UK inflation rate fell back to 0% in June after rising to 0.1% in May, according to official figures released today. A fall in clothing and food prices were the main contributors to the change in the rate along with smaller rises in air fares than a year ago,…
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14 July
UK retail sales record strongest growth in 18 months
UK retail sales recorded their strongest growth in 18 months as sales increased 1.8% on a like-for-like basis from June 2014, when they had decreased 0.8% on the preceding year. This is according to the British Retail Consortium (BRC) and KPMG Retail Sales Monitor which found that, on a total…
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13 July
VIDEO: Mila Kunis stars in Gemfields promotional film
Gemfields’ brand ambassador and Hollywood actress Mila Kunis has appeared in a new short film from the coloured gemstone supplier, celebrating the launch of its Mozambican rubies. The film, directed by art photographer Jeff Burton, features Kunis wearing bespoke piece of jewellery and explores the “mystery and allure” of rubies…
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10 July
Tiffany & Co appoints Philippe Galtié as senior vice president
Tiffany & Co has announced the appointment of Philippe Galtié as its new international senior vice president, effective from August 17. Galtié began his career with a range of general management and global marketing roles at Moët-Hennessy, Mars Inc, Eridania Beghin Say and the Nestlé Group. For the past 15…
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8 July
Summer Budget 2015: National Living Wage to be introduced
Chancellor George Osborne has announced the launch of a new National Living Wage that will be launched from April next year. Delivering his emergency budget speech earlier today, Osborne announced that all businesses across the UK will have to pay working people over the age of 25 at least £7.20…
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8 July
Summer Budget 2015: Sunday trading could be extended
Sunday trading hours could be extended to give businesses greater flexibility over their weekend opening hours, the Chancellor George Osborne has announced. Speaking at the Summer Budget 2015, the first all-Conservative budget speech since 1996, Osborne said that elected mayors and councils could be given powers to relax local laws…
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8 July
Non-food shop price deflation slows in June
The deflation of non-food shop prices slowed to 1.9% in June compared with a drop of 2.5% in April and May. This is according to the BRC-Nielsen Shop Price Index which found overall shop prices reported deflation of 1.3% in June, up from the 1.9% recorded in May. The fall…
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8 July
Diamond prices decline in June
Diamond prices continued to decline in June as decreased demand from the US and the Far East affected manufacturers. This is according to the latest report from Rapaport which found that diamond markets were relatively quiet as US demand after the JCK Las Vegas show was weaker than in previous…
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7 July
Lumbers Jewellers appoint ex-footballer as sales ambassador
Midlands-based jeweller Lumbers has signed Leicester City footballer and cup-winning captain Matt Elliot as a sales ambassador. Elliott will work alongside Lumbers’ existing sales team representing the store at both in-house and outside events. The appointment comes after the recent announcement that Lumbers is to undergo a £1m relocation and…
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